C-A-L Ranch Stores and Coastal Farm & Home Merge; Nolan Capital Retains Majority Stake

Nolan Capital Acquires Majority Stake in Coastal Farm & Ranch

December 29, 2021

Retail

Nolan Capital acquired a majority stake in Coastal Farm & Ranch, the Pacific Northwest farm-and-home retailer headquartered in Albany, Oregon. Longtime owner Buzz Wheeler retains an ownership stake and the existing management team remains in place as Nolan Capital and participating investors (Del Mar Ventures and Ted Nark) plan to support growth and scale the business across the Western U.S.

CriticalPoint Capital Acquires Agway Farm & Home Distribution Division from Southern States Cooperative

December 21, 2020

Logistics & Distribution

Affiliates of CriticalPoint Capital completed the acquisition of substantially all assets of the Farm Supply Distribution division from Southern States Cooperative and rebranded the business as Agway Farm & Home. The company will operate as a wholesale product distributor serving a network of more than 1,250 independent dealers and Southern States-owned retail locations across the East Coast; CriticalPoint said it plans to support organic growth and strategic add-on acquisitions.

Cardenas Markets Acquires Six Rio Ranch Market Stores in Southern California

June 9, 2022

Retail

Cardenas Markets is acquiring six Rio Ranch Market stores located in Chino, Banning, Fontana, Perris, Riverside, and San Bernardino, with the group of stores to be gradually integrated into Cardenas' operations. The transaction is expected to close by mid-July 2022; Rio Ranch Markets founded in 1983 will transition the stores while The Food Partners served as advisor to Rio Ranch Market.

Cal Marine Fish Company Acquires Assets of Monterey Fish Company

August 6, 2024

Food & Beverage

Cal Marine Fish Company, LLC, backed by parent Inter Oceanic Holdings, LLC, acquired the assets of Monterey Fish Company, Inc. Plethora Businesses served as exclusive sell-side advisor; the deal expands Cal Marine's harvesting, processing and packing capabilities and strengthens its market presence in the California seafood industry.

Cal‑Maine Foods Acquires Echo Lake Foods for ~$258M

June 2, 2025

Food & Beverage

Cal‑Maine Foods, Inc. (NASDAQ: CALM) has completed the all‑cash acquisition of Echo Lake Foods for approximately $258 million, with an expected tax benefit of about $28 million (effective purchase price ≈ $230 million). The purchase brings Echo Lake’s ~$240 million 2024 revenue business — a producer of ready‑to‑eat egg and frozen breakfast products — into Cal‑Maine’s portfolio to expand its value‑added egg product offerings and reduce earnings volatility through synergies and expanded customer relationships.

The Coastal Companies Acquires Lancaster Foods

February 18, 2020

Food & Beverage

The Coastal Companies (Laurel, Maryland) acquired Lancaster Foods (Jessup, Maryland) from Guest Services, Inc., combining Lancaster's retail produce distribution and fresh‑cut/ready‑to‑eat capabilities with Coastal's East Coast produce distribution, processing and cold‑storage network. Lancaster Foods will continue to operate under its brand from its Jessup facility, with John Gates remaining as President and joining The Coastal Companies' leadership team.