Paine & Partners, LLC, a New York-based private equity investment firm dedicated to investing in food and agribusiness, entered into a definitive agreement to acquire The Global ID Group, a platform dedicated to providing food safety and food quality solutions in the food industry.

Headquartered in Fairfield, Iowa, with additional locations across Europe and South America, Global ID maintains a diversified base of more than 15,000 blue-chip customers across more than 100 countries. The company is comprised of Genetic ID, CERT ID and FoodChain ID segments, which together provide a comprehensive suite of food testing, food certification and supply chain compliance software and service solutions.