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New Deal


Announced

Completed

Cross Rapids Capital completed the investment in PAK Quality Foods and FrigiServe.

Financials

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

Tags

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Completed

United States

food distributor

Food Products

Friendly

Single Bidder

Minority

protein distributor

Acquisition

Private

Private Equity

Domestic

Synopsis

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Cross Rapids Capital, an operationally-driven investment firm, completed the investment in PAK Quality Foods, a protein distributor and provider of cold storage services, and FrigiServe, a technology-driven temperature-controlled supply chain company. Financial terms were not disclosed. "We believe PAK Quality is a strong platform for growth and look forward to providing additional tools and resources to execute the Company's long-term strategy," Kyle Cruz and Mina Spring, Cross Rapids Capital Partners.

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