Private equity firms have been getting their hands dirty (in a good way) in Agriculture-related deals. Since the beginning of 2003, PE investors have backed 97 U.S. or Canadian companies over a total of 105 deals in the industry, according to the PitchBook Platform. By deal count, California rules the roost, being home to over 18% of the activity during the time frame. Following behind are Washington and Texas, which brought in 7% and 6%, respectively. Ohio and Illinois are in a tie for fourth place with just over 5% apiece. Overall, most of the activity (58%) involved deals below $50 million in size.