Investcorp Acquires Majority Stake in Sunrise Produce
October 4, 2022
Investcorp has acquired a majority stake in Sunrise Produce, a Southern California-based wholesale produce distributor headquartered in Fullerton, California. The investment will support Sunrise’s growth plans, enabling geographic expansion and potential add-on acquisitions while founder Paul Carone retires and CEO David Sapia remains a significant shareholder.
- Buyers
- Investcorp
- Targets
- Sunrise Produce
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Sunrise Produce Acquires Moceri Produce
May 28, 2024
Food & Beverage
Sunrise Produce, an Investcorp-backed wholesale produce distributor, has acquired Moceri Produce, a family-owned specialty produce distributor based in San Diego. Moceri will continue to operate in San Diego under the Sunrise banner, with co-owners John and Dominic Moceri joining Sunrise's executive leadership; terms were not disclosed.
-
Sole Source Capital Acquires Worldwide Produce
October 25, 2019
Food & Beverage
Sole Source Capital LLC acquired a majority interest in Worldwide Produce, a leading distributor of fresh produce, dairy and specialty foods serving Southern California and Nevada. Sole Source plans to use Worldwide Produce as a platform for regional consolidation and to invest in the company’s technology and geographic expansion; transaction terms were not disclosed.
-
Nature's Touch Acquires Sunrise Growers (SunOpta) Frozen Fruit Operations
October 13, 2023
Food & Beverage
Nature's Touch has acquired certain assets of Sunrise Growers, the frozen fruit operations of SunOpta Inc., in a transaction valued at an aggregate purchase price of approximately $141 million. The deal transfers facilities in Edwardsville, Kansas and Jacona, Mexico to Nature's Touch, expanding its production capacity, product diversity and North American geographic reach.
-
Worldwide Produce (Sole Source Capital) Acquires Vision Produce
August 24, 2021
Food & Beverage
Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Vision Produce, a fresh-produce importer and distributor with facilities in Los Angeles and Phoenix. The deal—terms undisclosed—expands Worldwide Produce's geographic footprint and capabilities in retail, wholesale and foodservice distribution across the Western United States.
-
Sunrise Strategic Partners and CircleUp Growth Partners Invest in Cali'flour Foods
May 2, 2019
Food & Beverage
Sunrise Strategic Partners led a growth investment in Cali'flour Foods, the Chico, California-based maker of cauliflower-based pizza crusts, with participation from CircleUp Growth Partners. The capital will fund expanded grocery distribution, marketing and product innovation while bringing in new CEO Mike Anderson to scale the business.
-
Australis Equity Partners Acquires Sunrise Premiere Pool Builders
December 30, 2023
Construction
Australis Equity Partners, through a subsidiary, has acquired Sunrise Premiere Pool Builders, LLC, a full-service inground pool construction company headquartered in Arnold, Maryland. Sunrise, founded in 1999 and operating a 3,000 sq. ft. facility, specializes in residential inground pools and works with subcontractors; Australis said the acquisition will be leveraged to facilitate future construction-industry acquisitions.
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.