PAK Quality Foods Acquires H&R Foods (Vernon Transportation / AmTex H&R Foods)

Cross Rapids Capital Recapitalizes PAK Quality Foods (including FrigiServe)

January 2, 2024

Food & Beverage

An affiliate of Cross Rapids Capital completed an equity recapitalization of PAK Quality Foods, LLC (which includes D Bar Cold Storage d/b/a FrigiServe). The transaction brings in Cross Rapids' capital and resources to support growth and expansion; John Pieper was appointed CEO while founders Gary and Patty Stokes remain significant shareholders. Debt for the recapitalization was provided by Maranon Capital L.P. and Manulife Investment Management.

PAK Quality Foods Acquires Formosa Foods

July 23, 2025

Food & Beverage

Fort Worth-based PAK Quality Foods has acquired the assets of Las Colinas International Inc. (Formosa Foods), a Dallas family-owned foodservice distributor, expanding PAK's product mix and geographic reach across Texas, Oklahoma, Louisiana and Arkansas. The Formosa owners, Jesse and Weldon Chang, will continue to lead the business and have made an investment in PAK; the move builds on PAK's expansion under PE owner Cross Rapids Capital.

Highview Capital Acquires Randall Foods

February 9, 2021

Food & Beverage

Highview Capital, a Los Angeles-based private equity firm, has acquired Randall Foods (also referred to as Randall Farms), a California-based provider of fresh poultry and value-added meat products, from the family of Stan Bloom. Highview plans to support growth by expanding geographic coverage and broadening Randall's fresh poultry and meat solutions.

Universal Pure Acquires Texas Food Solutions HPP Assets

April 19, 2023

Food & Beverage

Universal Pure LLC, a portfolio company of Aurora Capital Partners, has entered into a purchase agreement to acquire all High Pressure Processing (HPP) assets of Texas Food Solutions. The transaction expands Universal Pure's HPP and cold‑chain capacity in southeast Texas and Louisiana, adding redundancy and supporting growth across its facility network.

Highview Capital Acquires WilMar and Merges It With Randall Foods

August 2, 2022

Food & Beverage

Highview Capital has acquired Jobbers Meat Packing Co. (d.b.a. WilMar) and will merge the business with its portfolio company, Randall Foods, to create a leading U.S. protein processor and distributor. The combination expands product mix and operational capacity across Randall's and WilMar's Vernon, California operations while WilMar's founder will retire and key management will remain.

NOVA Infrastructure Acquires A&R Bulk-Pak

December 12, 2023

Transportation

NOVA Infrastructure completed the acquisition of A&R Bulk-Pak, a Moncks Corner, South Carolina provider of contract packaging, transloading, rail-served warehousing and logistics services to petrochemical producers and traders. As part of the transaction A&R entered a strategic partnership with Harbor Logistics (a NOVA portfolio company) to broaden service offerings and pursue growth across North American port-centric logistics markets.