Eddy Packing (Insight Equity) Acquires Majority Assets of Carolina Pride Foods
November 6, 2019
Eddy Packing Co., Inc., a protein-processing platform backed by Insight Equity Holdings LLC, has acquired a majority of the assets of Carolina Pride Foods, LLC. The deal adds Carolina Pride’s regional branded and private-label meat portfolio and processing capacity to Eddy’s operations, expanding Eddy’s ability to serve retail and foodservice customers in the Southeast.
- Buyers
- Eddy Packing Co., Inc., Insight Equity Holdings LLC
- Targets
- Carolina Pride Foods, LLC
- Platforms
- Eddy Packing Co., Inc.
- Industry
- Food & Beverage
- Location
- South Carolina, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Insight Equity Acquires Eddy Packing Company
March 26, 2019
Food & Beverage
An affiliate of Insight Equity has acquired Eddy Packing Company, a Yoakum, Texas-based value-added processor of smoked, cooked and fresh pork, beef and poultry products. Patriot Capital provided subordinated debt and an equity co-investment to support the transaction; Insight Equity is partnering with incumbent management and industry veteran Jim Reed as CEO to pursue facility improvements and growth into new markets.
-
ACW Flex Pack (Edgewater Portfolio) Acquires Bag Pack, Inc.
November 17, 2021
Packaging
ACW Flex Pack, a portfolio company of Edgewater Growth Capital Partners IV, has acquired Bag Pack, Inc., a custom converter of polyethylene bags, mailers, pouches and specialty flexible packaging products. The deal is an add-on to Flex Pack’s platform to expand manufacturing capabilities and capabilities in flexible packaging as the platform pursues additional acquisitions.
-
Insight Equity Acquires Strauss Brands LLC
August 8, 2019
Food & Beverage
Insight Equity Holdings LLC has acquired Strauss Brands LLC, a family-owned producer of ethically raised specialty meats headquartered in Franklin, Wisconsin. The Strauss family retained a significant ownership stake and Randy Strauss remains CEO; Insight Equity will invest capital to build a new state-of-the-art processing facility, expand production capacity, and grow Strauss's retail and foodservice channels.
-
Falfurrias Capital Partners Invests in Carolina Foods
April 1, 2021
Food & Beverage
Charlotte-based private equity firm Falfurrias Capital Partners announced an investment in Carolina Foods, LLC, a leading wholesale bakery known for its Duchess brand. The roughly 400-employee company will retain current management and work with Falfurrias to expand manufacturing capacity and distribution; Falfurrias advisors Tad Dickson and Mary-Ann Somers will join the board.
-
Arcline Investment Management Acquires Pride Engineering from May River Capital
August 12, 2019
Manufacturing
Arcline Investment Management, a growth-oriented private equity firm, has acquired Pride Engineering, a Minneapolis-based manufacturer of precision tooling and equipment for the aluminum beverage packaging industry, from May River Capital. Arcline intends to use Pride as the first asset in a specialty tooling platform and to invest in the company’s engineering, technology capabilities and rollout of its SYNAPSE IoT solution.
-
HCI Equity Partners Acquires Express Packaging
February 12, 2019
Packaging
HCI Equity Partners has acquired Express Packaging, a Newcomerstown, Ohio-based provider of outsourced contract packaging and contract manufacturing services for global consumer brands. Patriot Capital Group provided subordinated debt and an equity investment to support the transaction; Express operates three SQF Level 3 certified facilities in West Chicago, IL; Columbus, OH; and Newcomerstown, OH.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.