Stout was engaged by AGRO Merchants Group to provide valuation services designed to assist management in addressing certain financial reporting requirements in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805, Business Combinations (FASB ASC 805) and Topic 820, Fair Value Measurement (FASB ASC 820), in connection with its acquisition of numerous entities operating in the cold-storage industry. Backed by Oaktree Capital and founded in 2013, AGRO Merchants Group, LLC owns and operates temperature-controlled warehouse and distribution space across the North America, Latin America, and Europe. We played a critical role in assisting management with their financial reporting requirements under ASC 805 and ASC 820. The numerous acquisitions, which occurred throughout North America, Europe and Latin America, established AGRO Merchants Group, LLC as globally recognized provider of cold-storage and warehousing services.