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New Deal


Announced

Completed

Wind Point Partners-backed FreshEdge completed the acquisition of Testa Produce.

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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United States

organic food

Acquisition

Completed

Single Bidder

food and beverage

wholesale

Food Products

Friendly

Domestic

Private

Majority

Private Equity

Synopsis

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Wind Point Partners-backed FreshEdge, a super-regional distributor of fresh food solutions, completed the acquisition of Testa Produce, a produce and specialty food distribution business. Financial terms were not disclosed. “We welcome Peter Testa and his impressive team to the FreshEdge family of companies. Testa Produce will be a great addition to our expanding group of ‘best in class’ fresh food distribution companies,” Steve Grinstead, FreshEdge CEO.

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