Investindustrial completed the acquisition of Parker Food from The Riverside Company.

Investindustrial, a private equity firm, completed the acquisition of Parker Food, a manufacturer of specialty ingredients food products, from The Riverside Company, a private equity firm. Financial terms were not disclosed. “We have enjoyed great success during our partnership with PFG over the past five years and look forward to seeing the company continue to thrive as part of Investindustrial’s portfolio. During our ownership, we delivered a highly successful organic growth strategy, built a world-class team, expanded the company’s R&D capabilities and broadened its blue-chip customer base," Meranee Phing, Riverside Senior Partner.