LaSalle Capital to acquire Joseph's Frozen Foods from Brynwood Partners.

LaSalle Capital, a private equity firm, agreed to acquire Joseph's Frozen Foods, a manufacturer and marketer of premium frozen stuffed pasta for independent restaurants and national chains and the foodservice, retail and industrial channels, from Brynwood Partners VII, an operationally-focused private equity firm. Financial terms were not disclosed. "We are very pleased with the outcome of this transaction. Under Brynwood VII's ownership, we worked closely with management to transform Joseph's from a business that primarily focused on providing high quality, frozen stuffed pasta products, to one that provides a broad range of meal solutions including the expansion of the company's product offerings into frozen meals and other meal kits. We look forward to watching the business continue to evolve and grow under LaSalle Capital's ownership," Hendrik Hartong, Brynwood Partners Chairman and CEO.