Announced
Completed
Financials
Tags
Completed
United States
food distributor
Food Products
Friendly
Single Bidder
Minority
protein distributor
Acquisition
Private
Private Equity
Domestic
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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