Louisiana Fish Fry Products has been acquired by Austin-based private equity firm Peak Rock Capital for an undisclosed sum.
Louisiana Fish Fry markets a range of Louisiana-inspired food products, such as spices & seasonings, seafood boils, sauces & marinades and rice mixes to retailers and foodservice clients throughout the US.
This acquisition represents Peak Rock Capital’s eighth venture into the food and beverage industry and follows on from the equity firm’s acquisition of the TNT Crust pizza crust business from Tyson Foods in August.
Robert Strauss, managing director of Peak Rock Capital said: “Our investment in the Louisiana Fish Fry platform highlights Peak Rock’s continued commitment to investing in food businesses that are leaders in their categories and are well-positioned for further revenue growth.
“We look forward to working with the company’s management team to enhance the business and build on the great legacy that the Pizzolato family has created over the past three-plus decades.”
Anthony DiSimone, CEO of Peak Rock Capital, added: “This transaction reinforces Peak Rock’s deep experience investing in founder and family-owned businesses and highlights our continued interest in attractive investments in the food and beverage industry.
“We continue to seek additional food and consumer platforms to invest in as well as complementary add-on acquisitions for Louisiana Fish Fry of other branded speciality food companies.”
© FoodBev Media Ltd 2020
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