Announced

Completed

Red Arts Capital completed the acquisition of Freshway Foods from US Foods.

Synopsis

Red Arts Capital, a private equity firm, completed the acquisition of Freshway Foods, a trusted supplier of fresh-cut processing, repacking, transportation and logistics services, from US Foods, a foodservice distributor. Financial terms were not disclosed. “Freshway has an incredible history, with origins dating back to 1895. Given Red Arts’ focus on family-owned businesses, we were drawn to the company’s compelling story, as well as their unique place in the market. With existing synergies between Freshway’s operating procedures and Red Arts’ experience across the food industry, it made immediate sense for us to join forces and support their growth journey,” Nick Antoine, Red Arts Co-Founder, Co-CEO and Managing Partner.

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