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An affiliate of private equity firm Peak Rock Capital has acquired US-based food manufacturer and supplier Louisiana Fish Fry Products.
Financial details of the acquisition have not been disclosed by either company.
Louisiana Fish Fry Products produces a range of items that include spices, seasonings, breadings, batters, sauces, marinades, seafood boils and rice mixes, which are distributed to grocery and mass market retailers across the US.
Peak Rock Capital CEO Anthony DiSimone said: “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.”
The acquisition of Louisiana Fish Fry is reported to be the eighth investment for Peak Rock in the food and beverage industry.
Peak Rock Capital managing director Robert Strauss 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.”
In August, Peak Rock Capital’s affiliate reached an agreement to acquire US-based meat producer Tyson Foods’ pizza business, TNT Crust.
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