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Announced

Completed

Swander Pace Capital-backed Patriot Pickle completed the acquisition of Farm Ridge Foods.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Acquisition

Private Equity

food processing

Domestic

Majority

Completed

Friendly

Single Bidder

Food Products

Synopsis

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Swander Pace Capital-backed Patriot Pickle, a manufacturer of pickles and pickled products, completed the acquisition of Farm Ridge Foods, a producer of salad and prepared foods. Financial terms were not disclosed. “This is an exciting time to be a leader in fresh pickle manufacturing. The acquisition of Farm Ridge Foods is a key step towards rounding out and building up our internal retail sales capabilities. Fresh, refrigerated pickles are a key growth area for our retail and foodservice partners, and we are excited to be able to better serve them more directly with this acquisition,” Bill McEntee, Patriot Pickle CEO.

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