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New Deal


Announced

Completed

HIG Capital completed the acquisition of Patriot Pickle from Swander Pace Capital.

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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Majority

Private

Friendly

Food Products

refrigerated pickles

United States

Domestic

Completed

Acquisition

Single Bidder

Private Equity

Synopsis

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HIG Capital, a private equity firm, completed the acquisition of Patriot Pickle, a manufacturer and distributor of fresh pickles and other fermented foods, from Swander Pace Capital, a private equity firm. Financial terms were not disclosed. “Patriot Pickle’s impressive platform has grown significantly over the years by delivering on its commitment to the highest quality pickles and best-in-class service. We are pleased to partner with Bill, Adam, and the Patriot management team and look forward to supporting the Company in its organic and acquisition-driven growth initiatives,” Justin Reyna, H.I.G. Capital Managing Director.

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