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Announced

Completed

Wind Point Partners-backed FreshEdge completed the acquisition of KT 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

fresh produce

Food Products

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Wind Point Partners-backed FreshEdge, a super-regional distributor of customized fresh food solutions, completed the acquisition of KT Produce, a fresh produce distributor. Financial terms were not disclosed. The acquisition broadens FreshEdge’s presence by expanding the current footprint in the South. Further, KT Produce strengthens FreshEdge’s supply chain and adds warehouse capacity to the distribution network.

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