California-based Hyde Road Agricultural Associates, a land-based bass and sturgeon producer, has received $14 million (€13 million) from private investment groups CapitalView Investment Partners and Hunter Street Partners to expand operations.
Hyde Road announced Tuesday CapitalView and Hunter Street’s financing provided capital to refinance existing debt, fund ongoing working capital, and make capital improvements, including upgrading its processing capabilities to meet the growing demand of its customer base.
The financing will help the group meet its "accelerated growth plan," Hyde Road Agricultural Associates Co-owner and President Eugene Fernandez said.
No further details were included about the expansion or Hyde Road.
The seafood company, which does not have an online presence, stated it has a large inventory of antibiotic-free white sturgeon, black bass, silver carp and striped bass.