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Announced

Completed

Wind Point Partners-backed FreshEdge completed the acquisition of Panama Banana.

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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wholesaler and distributor of fine produce

United States

Food Products

food logistics

food service

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Wind Point Partners-backed FreshEdge, a distributor of fresh food solutions completed the acquisition of Panama Banana, a wholesaler and distributor of fine produce in the Chicago International Produce Market. Financial terms were not disclosed. “We proudly welcome Panama to FreshEdge. The addition of Panama not only enhances our family, but our pursuit to be the preeminent family of best-in-class fresh food companies,” Greg Corsaro, FreshEdge President and COO.

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