Announced
Financials
Tags
Food Products
Majority
seafood
Private
Pending
Acquisition
Friendly
United States
fish food
Private Equity
Single Bidder
Cross Border
Synopsis
Investcorp, a private equity firm, agreed to acquire Fortune International, a premium seafood and gourmet food distributor for $105m. “Fortune has established itself as a clear leader in its regional market with the quality of its products and the high touch service which it provides to customers. The company has developed a robust global supply chain to meet steady demand for fresh seafood in the Midwest, and we look forward to supporting Fortune’s continued success by working with Investcorp on this transaction,” Randy Schwimmer, Churchill Senior Managing Director and Head of Origination and Capital Markets.
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