Standard Nutrition Company (SNC) has announced the acquisition of Cactus Family Farms, in collaboration with new investment partners, including an investment vehicle affiliated with Ospraie Management, LLC. The acquisition is central to the formation of Passel Farms, a new entity resulting from the reorganization of SNC’s investments, resources, and partnerships. This strategic move aims to drive future growth and innovation within the agricultural industry.

Latham & Watkins LLP advised Cactus Family Farms in the transaction with a corporate deal team led by Houston partner James Garrett, Houston/New York partner Justin T. Stolte, and Houston associate Jameson Miller, with assistance from associates Zainab Hashmi, Tasbiha Batool, and David Lee. Advice was also provided on tax matters by Houston partner Tim Fenn, with associate Dominick Constantino; on finance matters by Houston partner Catherine Ozdogan, with associate Michael Basist; on data privacy matters by Houston/Austin counsel Robert Brown; on intellectual property matters by New York counsel Carrie Girgenti; on employment matters by Chicago partner Nineveh Alkhas and Chicago counsel Laura Waller, with associate Jocelyn Wexler; on benefits matters by Houston counsel Krisa Benskin, with associates Ashlie Lawton and Christina Schrantz; on real estate matters by San Diego partner Robert Frances and San Diego counsel Aaron Friberg; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang; on FDA regulatory matters by Washington, D.C. partner Ben Haas, with associate Seth Olson; on antitrust matters by Washington, D.C. partners Ian Conner and Patrick English, with associate Doug Tifft; on hedging matters by New York partner Yvette Valdez, with associate Tiiu Lemsalu; on insurance matters by Los Angeles partners Drew Levin and Harrison White; and on litigation matters by Bay Area partner Nicole Valco.