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Announced

Completed

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

Synopsis

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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