News

ARTICLE

Date ArticleType
1/3/2019 Member News
Aspen Grove Investments and Agri-Management Services Merge; Purchase Growthland Ag Realty

Aspen Grove Investments, Inc., of Cedar Rapids, has merged with Agri-Management Services, of Marion, and the merged company has purchased Growthland Ag Realty, of Humboldt. The resulting company will be called Agri-Management Services and will continue to do business under the Aspen Grove, Agri-Management and Growthland brands.

Agri-Management Services is a leading provider of rural real estate appraisals, real estate sales and acquisitions and agricultural property management in Iowa and surrounding states. In 1990, Richard Isaacson started Agri Management Services and was the sole owner until 2016, when Ben Isaacson and Aspen Grove Investments became part owners.

Richard “Dick” Isaacson has 40 years of experience and has worked in over two-thirds of Iowa’s 99 counties. He will continue to provide farm management and agricultural appraisal expertise to Agri-Management Services. ”The new company expands our footprint across Iowa and the surrounding states. The knowledge base of our professional staff will be exceptional. The merged entity will have the capacity to tackle major projects in business and agriculture,” said Dick.

Ben Isaacson will assume more leadership responsibilities for Agri-Management Services and continue to be involved in operational aspects of each area of the business. He said, “It’s exciting to create a team with such diversified knowledge, abilities, and experiences. We look forward to providing our menu of services to create value for our clients.”

Aspen Grove Investments, founded by Maurie Cashman in 2008, provides certified business valuations, mergers and acquisitions, ownership transition planning, and business and agricultural financial consulting. Aspen Grove Investments has been part of Agri-Management Services since 2016 and Cashman will increase his ownership as a result of the merger. Cashman will continue to provide leadership of the Aspen Grove brand and will provide financial and strategic leadership to Agri-Management Services.

Cashman said, “We are bringing together over 150 years of high-level experience in agriculture and business to provide customers with the services and advice they need to make complex planning decisions. Our strategy is to make our senior advisors available to support our staff while focusing on complex customer needs across a variety of advisory, appraisal, sales and management situations. We’ll be able to provide a higher service level to more customers by working together than we could on our own.”

Growthland Ag Realty provides real estate appraisal and valuation services, specializing in highly improved ag real estate and modern large-scale livestock operations across the Midwest and residential real estate sales in North Central Iowa.
Dave Dodgen, President of Growthland Ag Realty will lead the Growthland brand by continuing to work closely with the appraisal and sales of commercial livestock facilities as well as the local real estate business in north central Iowa. He said, “I am pleased to join Aspen Grove and Agri-Management Services in our continuing effort to provide professional financial and real estate marketing services to the Midwest livestock industry and NW Iowa. This new association will allow us to expand our services and reach to our valued clients of over 40 years, and provide a growth and continuation plan for our owners and employees”.

For questions or additional information, please contact Maurie Cashman, cashman@aspengroveinvestments.com, 319-377-1143.