Who We Are
Cimbria Capital is a private equity investment firm based in Houston, Texas. The firm conducts growth capital and early stage buyout investments focused on the agribusiness and water sectors in North America and Europe.
Cimbria’s mission is to generate superior returns for our investors by investing in businesses benefiting from the important global challenges related to the sectors we invest in. We are guided by our focus on excellence, discipline, and intellectual independence. We strive to achieve our overall mission by allocating capital to highly commercial and visionary companies. We support these companies with our managerial and operational expertise, and we help them grow through our Acceleration Program.
Brian V.Iversen Managing Partner
Mr. Iversen is the Founder and Managing Partner of Cimbria Capital. He is based in Houston, Texas.
Prior to founding Cimbria Capital, Mr. Iversen became an acknowledged specialist in private equity and portfolio company management at Riverstone Holdings, one of the world’s largest and most successful private equity firms. Mr. Iversen held a position as a Vice President at Riverstone where he was an investment professional focused on the renewable energy and the sustainable agriculture industries as well as certain oil and natural gas services sectors. During his eight-year tenure at Riverstone, Mr. Iversen participated on and led specialized investment teams that invested and managed equity capital of nearly $2 billion into companies located in the Americas and Europe.
While at Riverstone, Mr. Iversen was a member on the team that launched and managed the world’s largest independent private equity fund dedicated exclusively to private renewable energy investments. As part of this work, he worked closely with several senior business and thought leaders in the finance and renewable energy industries. Prior to joining Riverstone, Mr. Iversen was a Sr. Financial Analyst with Seabulk International, a Riverstone portfolio company primarily engaged in the offshore oil and gas and marine industries.
Most recently, Mr. Iversen was the President and CEO at AG Global where he led an experienced production and sales team in the organic and natural agriculture industry. Mr. Iversen was appointed CEO of AG Global to re-shape the company’s overall structure, business plan, and team. AG Global is today a profitable company with promise in the North American agriculture and home and garden retail industries.
Mr. Iversen is a Venture Partner at Blue Bear Capital, a private equity firm that invests in fast-growing private companies that apply data-driven technologies and innovative business models to the global energy supply chain. He also serves on the Board of Directors of AMI Global, LLC (water tech), AG Global Canada, L.P. (agriculture) and Florida Design Drilling, LLC (water industry). He previously served on the Boards of Directors of Amaizeingly Green Value Products ULC, Amaizeingly Green Products L.P, Green Earth Fuels LLC, Patagonia Bioenergia SA, ReEnergy Holdings LLC, Sustainable Oils LLC, Frontier Drilling Holdings, and Seajacks International.
Mr. Iversen received his B.S.B.A., magna cum laude, in finance from University of Central Florida. He received a Notable Knight Award from his alma mater in 2015. He also served as a First Lieutenant in the Royal Danish Army for three years prior to coming to the United States in 2000. Mr. Iversen is a former soccer player who participated on University of Central Florida’s NCAA Division I soccer team and represented Denmark in 25 youth national team soccer games.
NoahSabich Managing Director
Mr. Sabich is a Managing Director and a founding member of Cimbria Capital. He is based in Houston, Texas and Milwaukee, Wisconsin.
Prior to joining Cimbria Capital, Mr. Sabich was the Director of Sustainability and Statesmanship at Rasmussen Public Affairs. In this position he developed and implemented global market expansion and sustainability strategies for clients in the agriculture, water, and engineered product sectors. Mr. Sabich worked closely with senior executives and consultant teams across the United States and Europe on corporate strategy, global issues management, and risk assessment. He is an active thought-leader on questions of water investment, water stewardship, and hydro-diplomacy.
During his career, Mr. Sabich has worked on sustainability issues in developed and emerging markets throughout North America, Europe, North Africa, South America, and Oceania. He is a founding member of Acaté Amazon Conservation, an internationally recognized non-profit known for its innovative conservation programs with the Matsés tribe in the Peruvian Amazon.
Mr. Sabich serves on the Board of Directors at AMI Global. He holds a Ph.D. and M.A. from the University of Connecticut in French with a specialization in post-colonial relations. He also holds an M.A. in Francophone studies from Middlebury College, and a B.A. in European History and French from Bates College.
Mr. Danielsen is a Director of Cimbria Capital. He is based in Nykøbing Sjælland, Denmark.
Mr. Danielsen joined Cimbria Capital in 2016 with the purpose of further strengthening the firm’s expertise in the acquisition and expansion of global agricultural companies. Mr. Danielsen serves as a direct advisor to Cimbria Capital’s investment team and represents the firm in Northern Europe. He also serves as a potential board member for certain Cimbria portfolio companies.
A respected leader in the North European agriculture sector, Mr. Danielsen is the CEO of CommonSense Consult, a management consulting group focused on the development, purchase, and management of agricultural companies and large farms. In his previous position, he served as the CEO of Patriotisk Selskab, a consulting firm of 80 agribusiness experts specialized in growing agricultural companies and farms in Denmark and Northern Europe.
Mr. Danielsen serves on the Board of Directors of a number of agriculture companies, including Slæbækgård & Kokkenborg ApS, Hjorthede Planteskole ApS, and Sødamgård Gods. He is also the founder of the business network “Mentornetværk for hjemvendte Soldater,” working closely with veterans organizations in Denmark, the United Kingdom and Norway to provide jobs and career counseling for soldiers transitioning to civilian life.
Mr. Danielsen holds a Cand. Jur. (M. Law) from the University of Copenhagen. Prior to his career in agriculture, he served for 14 years in the Royal Danish Army, including several deployments to the Middle East.
Mr. Looper joined Cimbria Capital in 2017 with the purpose of helping the firm’s research, analytics, and growth optimization tactics. With a focus on technology, Mr. Looper also assists in integrating new technological innovation into effective business strategy for partner companies.
Mr. Looper earned a Bachelor of Science (B.S.) from Juniata college in a dual degree of Economics and Information Technology.
DeidraHatcher Senior Accountant
Ms. Hatcher is a Senior Accountant at Cimbria Capital. She is based in Houston, Texas.
Ms. Hatcher oversee the accounting procedures within Cimbria. She possesses over 20 years of experience in accounting, and is responsible for interpreting, maintaining, and generating financial records and statements for Cimbria’s management team. Prior to joining Cimbria, she served as Controller for Morgan Air Services, and was responsible for establishing monitoring and controls for the company’s financial reporting and invoicing and ensuring the business’ payroll accounting.
Ms. Hatcher is currently working towards finishing her Master’s degree in Finance with plans of receiving her CPA license from Indiana Wesleyan University. She has a B.A. in Finance from Indiana Wesleyan University.
ElanaHeinrich Executive Assistant
Ms. Heinrich is an Executive Assistant at Cimbria Capital. She is based in Houston, Texas.
Ms. Heinrich joined Cimbria Capital in 2018 with the purpose of providing executive level administrative support to the firm’s founders as well as to top-level managers in the company. Ms. Heinrich also oversees the implementation of administrative policies within the company and office. With over 10 years of experience in executive management, Ms. Heinrich has extensive global experience in supporting large and small businesses within private equity, oil & gas, chemical, logistics, political consulting, and retail sectors.
Ms. Heinrich earned a Bachelor of Science (B.S.) in Family and Consumer Sciences with a minor in Business Administration from Texas State University in San Marcos, TX.
JasonPlummer Partner & Senior Advisor
Mr. Plummer is a Partner and Senior Advisor of Cimbria Capital. He is based in Edwardsville, Illinois.
Mr. Plummer joined Cimbria Capital as a Partner and Senior Advisor with the purpose of further strengthening the firm’s expertise in the due diligence, acquisition, and expansion of agricultural and water companies. Mr. Plummer serves as Director on Cimbria Invest, LLC and on its Investment Committee. He also serves as a potential board member for certain Cimbria portfolio companies.
Plummer serves as Vice President of R.P. Lumber Co., Inc., a family-owned building materials supplier and home center with over 69 locations throughout Illinois and Missouri. In this role, he is involved in operations, finance, e-commerce, and purchasing, as well as company expansion via both acquisition and green field site development. He also serves as Vice President of R.L.P. Development Company, Inc., a family owned real estate company involved in the development, ownership, and management of a large portfolio of residential, retail, office, light industrial, agricultural, and hospitality properties across eight states.
Plummer is also actively involved in managing outside investments and venture capital spanning multiple industries. Previously he served on the board of TheBANK of Edwardsville as well as the boards of several for-profit and non-profit business and civic organizations. Plummer currently represents over 200,000 constituents as State Senator of Illinois’ 54th State Senate District. In this role, Plummer has a strong focus on economic growth and rural development throughout Southern Illinois and the greater St. Louis metropolitan area.
He earned a Bachelor of Science in Finance from the University of Illinois Urbana-Champaign. Mr. Plummer served his nation as an intelligence officer in the United States Navy Reserves.
AviDas Senior Advisor
Mr. Das is a Senior Advisor at Cimbria Capital. He is based in New York City, New York.
Mr. Das is the CEO of ACD Analytics, a management consultancy providing businesses with strategic guidance, M&A advisory work, and business process optimization. He has worked with organizations whose revenues have exceeded $10 billion in the energy, technology, and consumer products sectors.
Prior to ACD Analytics, Mr. Das was an associate with Riverstone Holdings, one of the largest energy focused private equity firms. At Riverstone he worked on alternative energy, midstream, energy services, and transport sectors.
Mr. Das served as the board liaison for six portfolio companies in the power, energy services, and value added products spaces and worked closely with the management teams of those investments on their strategic and operational programs.
Before Riverstone, Mr. Das was an analyst in the Investment Banking Division of Goldman Sachs in the Industrials group. While at Goldman he worked on M&A and financing transactions in the water, cleantech, transportation, engineered products, and transportation sectors. Mr. Das has a B.A. in Economics and History from Amherst College.
DavidDrake Senior Advisor
David Drake is a Senior Advisor of Cimbria Capital. He is based in Las Vegas, Nevada.
David Drake is CIO (Chief Innovation Officer) and Founder of AMI Global, a global technology company specializing in Industrial Internet of Things (IIoT) solutions and digital strategies.
Prior to founding AMI, Mr. Drake worked as a corporate and executive leader at Motorola where he attained 'Lean 6 Sigma Black Belt' in 2002. After nine years with Motorola’s senior leadership team, he managed the World-Wide Quality Organization at Belkin as Vice President of Quality. Overall, Mr. Drake possesses nearly twenty years in international experience working with Fortune 500 companies in developing digital transformation strategies, platforms, and software as a service.
Mr. Drake attended the University of Illinois-Chicago and graduated with a B.S. degree in Genetic Engineering and also earned a Ph.D. in Information Technology and Social Behavior at Northwestern University.
Martin D.Beirne, III Operating Partner
Mr. Beirne is an Operating Partner of Cimbria Capital. He is based in Houston, Texas.
Mr. Beirne joined Cimbria Capital in 2016 with the purpose of further strengthening the firm’s industry relationships in the natural resource sectors. He serves as a direct advisor to Cimbria Capital’s investment team and as a potential board member for certain Cimbria portfolio companies.
Mr. Beirne brings to Cimbria Capital, and its target client companies, more than fifteen years of senior executive leadership experience in the areas of business development and strategic transformation coupled with expertise in working successfully with private equity owners. Mr. Beirne is currently CEO of VRC Technologies, a Texas-based chemical formulations, manufacturing, and distribution company with deep formulary expertise in the agrochemicals and oilfield chemicals sectors. He previously served as President and Chief Executive Officer of Green Earth Fuels, LLC, an integrated alternative energy company operating large-scale processing assets situated within the Kinder Morgan Galena Park Terminal on the Houston Ship Channel. A founder of Green Earth, Mr. Beirne played a pivotal role in the origination and execution of the business plan and in securing private-equity investment from Riverstone Holdings, The Carlyle Group, and Goldman Sachs.
In addition to his executive and commercial responsibilities within Green Earth, Mr. Beirne developed extensive experience in the operational compliance and legislative aspects of environmental regulations and sustainability regimes. Mr. Beirne represented both company and industry interests in federal, state and international forums with direct participation with entities such as EPA-OAR, USDA, and TCEQ and with programs including, RFS2, LCFS, RSPO, and REACH.
Mr. Beirne earned an M.B.A. in international management from the American Graduate School of International Management (Thunderbird) and a B.S. in management from Spring Hill College.
OriPeled Operating Partner
Ori Peled is an Operating Partner of Cimbria Capital. He is based in Las Vegas, Nevada.
Ori Peled is the CTO and Co-Founder of AMI Global, a global technology company specializing in Industrial Internet of Things (IIoT) solutions and digital strategies. Mr. Peled is a seasoned communication specialist in field devices connectivity. Prior to AMI, Mr. Peled co-founded P.P. Technologies, a specialist in developing aviation instrument simulation devices. He also previously worked with Arad Dalia in software development for remote metering data collection as well as electromagnetic water-meter products. Between 1998 and 2008, Mr. Peled was the CTO of Wireless Applications Corporation, developed hardware and software focused on the machine to machine (M2M) market.
Mr. Peled is a Board Member of AMI Global.
DanielRingdahl Operating Partner
Dan Ringdahl is an Operating Partner of Cimbria Capital. He is based in West Palm Beach, Florida.
Mr. Ringdahl is currently President and Co-Founder of Florida Drilling, a licensed water well and general contractor of water well drilling and water resource construction services located in West Palm Beach and founded in 2005. He also serves as Director of the Florida Ground Water Association, an organization that seeks to improve methods of well construction and advance the science of ground water hydrology.
Prior to founding Florida Drilling, Mr. Ringdahl was the East Coast Operations Manager at Diversified Drilling Corporation and Vice President and Co-Owner of Well Water Systems, Inc. Before moving to Florida, he co-owned the family business, Ringdahl Well Drilling, and specialized in water well drilling in eastern North Dakota. Mr. Ringdahl attended North Dakota State University and received a B.S. in Agronomy in 1979.
J. JulianSmith Operating Partner
J. Julian Smith, Ph.D. is an operating partner of Cimbria Capital. He maintains offices in Carrizozo, New Mexico and Springfield, Illinois.
Dr. Smith joined Cimbria Capital in 2016 with the purpose of further strengthening the firm’s agribusiness strategy and industry relationships with a particular focus on the future of agricultural technology innovation. He serves as a direct advisor to Cimbria Capital’s investment team and as a potential board member for certain Cimbria portfolio companies.
Dr. Smith is currently President and Co-Founder of CZO Agronomics, a global consulting group devoted to technical advisory and end-to-end project management services in agribusiness and horticulture. Before founding CZO Agronomics, Dr. Smith was the Director of Discovery & Innovation for Brandt Consolidated, Inc. in Springfield, Illinois leading the company’s plant health research and new product development team. Prior to joining Brandt, Dr. Smith was the Vice-President of Plant Nutrition at Loveland Industries (UAP), and the Vice-President of Environment and Agronomy at the J.R. Simplot Company.
Dr. Smith originally moved to America in 1987 to serve as the Director of the Fluid Fertilizer Foundation and Vice-President of the National Fertilizer Solutions Association (NFSA). He is a past Board Chair and still serves on the Board of Directors of the Fluid Fertilizer Foundation. He received the prestigious Fluid Fellow Award in 2012.
Dr. Smith is a widely published agricultural professional in the fields of agronomy, environmental issues and precision agriculture. His career has been primarily concerned with plant nutrition and specialty products, as well as their positioning within the agricultural market-places of North America and Europe. The latter half of Dr. Smith’s career has focused on micro-nutrient application for all crops, to compliment his earlier research and market development on foliar nutrition and integrated crop management.
Dr. Smith holds a Ph. D. in small grains pathology and physiology from the University of Stirling, and a B.Sc. in Agricultural Botany from the University of Leeds. A native of Sheffield, England, Dr. Smith is now a naturalized U.S. citizen.
We are honored by the faith shown to us by our investors and we
are diligent stewards of their capital...
We take the responsibility of managing our investors’ capital seriously and treat it as our own. We act and think as owners and aim to generate our rewards through value creation and capital preservation for our investors.
We act as value-creators for each of our portfolio companies...
Our goal is to create value in each of our portfolio companies and thereby go beyond passive ownership. We will seek out partnership where our internal expertise can supplement and assist our management team’s core skillset and knowledge base. We aim to be true partners with our management teams.
We seek managers who already think and act like principals…
One cannot incentivize an individual to think like an owner through compensation alone. We therefore seek managers who, with or without financial incentives, will do the right thing for our companies and for our investors’ capital. We will compensate these individuals the way we ask to be compensated ourselves; fairly and as owners.
We are no-rush capital allocators...
We observe, evaluate, and we invest; but only when the time is right and never in a rush. We avoid chasing unwilling sellers and competitive auctions since both often inflate entry valuations. We understand our core competencies, but we only apply them if the target is open for change and in need of capital and a new partner.
We seek managers and companies profiting from making a
We invest in companies promoting technologies, products, and services that will improve the communities and society in which they operate. It is our core belief that bettering your community will increase the long-term monetary value of your company.
We focus on track record, not simply the forecast...
We do not have a crystal ball and we do not claim an ability to predict the future. We also know that financial forecasts are usually wrong. We therefore evaluate our companies, our management teams, and individual team members by their track record, not only by their promises of the future.
We aim to be cycle agnostic...
While being keenly aware of economic cycles, we will not treat them as tools to accomplish investment success. Instead, we focus on creating fundamental and sustainable value that will translate into advantageous financial positions throughout the economic cycle.
We invest in commercial and revenue-generating businesses in
need of growth capital…
We do not invest in start-ups or ‘greenfield’ propositions. We seek companies in their commercial adolescence in need of growth capital.
Limited use of leverage upfront...
Overuse of leverage in early stage growth companies often inhibits creativity and flexibility. It is also a significant risk to the equity owner if financial projections are missed. We therefore limit our use of leverage until a value platform has been created.
We have an exit strategy before investment entry…
We wish to know where we are headed before we begin our journey. If we do not have a clear understanding of our end-goal (a financial exit), we will invest elsewhere.
Creative but simple ownership structures…
Overly complicated systems and arrangements are usually costly and will often result in misunderstandings and frustration. We prefer thoughtful, but simple and transparent structures in ownership and compensation.
What We Do
"We make companies better"...
We wish to work with like-minded management teams that are seeking resources to improve and grow their businesses.
Specifically, we would like to assist and work with the following types of businesses:
Cimbria Capital has since inception worked with twelve partner companies to integrate our Acceleration Program into their businesses.
Our current partner companies include:
AG Global is one of the largest natural and organic fertilizer manufacturers in Canada with products available in retail outlets and distribution centers across North America.
AMI Global is a leader in end-to-end Industrial Internet of Things (IIoT) solutions provider with locations in the United States and Israel. AMI's mission is to securely connect devices and machines with end-to-end IIoT innovation to enhance performance of industrial and agricultural companies.
CREADIS is a distinctive provider of precision engineering and management consulting in North America. CREADIS is a sister company to DIS A/S, a leading engineering and management consulting firm headquartered in Denmark.
Florida Drilling is a licensed water well and general contractor and leading provider of water well drilling and water resource construction services located in West Palm Beach, Florida specializing in solutions for industrial, irrigation, and commercial clients.
Sofi Filtration is a water filtration company founded in Finland that specializes in automated and self-cleaning microfiltration technologies that increase water recirculation rates at production sites. Sofi Filtration provides state-of-the-art industrial water filtration technology for global clients in the mining, metal, and oil and gas, and power industries.
VRC Technologies is a chemical formulations, manufacturing and distribution company that sells specialty chemistries to the agricultural and oilfield markets. VRC operates manufacturing and rail distribution facilities in Brownwood, Texas.
UNI-TROLL was founded in Denmark and develops specialized load-carrier trolley systems utilized by automated warehouse systems and transports. The company’s trolley models optimize logistics and add value to the user through universal new modular designs.
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1155 Dairy Ashford, Suite 400, Houston, Texas, 77079
247 W Freshwater Way, Milwaukee, WI 53204