Arable Capital Partners & Fresh Innovations Acquire Farmington Fresh Cuts

Red Arts Capital Acquires Forestwood Farm

October 14, 2025

Food & Beverage

Red Arts Capital, a Chicago-based investment firm focused on supply-chain and logistics businesses, has acquired Forestwood Farm, a family-owned produce distributor headquartered in Birmingham, Alabama. The acquisition adds Forestwood to Red Arts' produce processing and logistics portfolio (joining Freshway Foods) and expands the firm's distribution footprint in the Southeastern United States; Forestwood's second-generation owners will remain in leadership roles.

Arable Capital Partners Invests in Progressive Produce

March 14, 2024

Food & Beverage

Arable Capital Partners has made a strategic growth investment in Progressive Produce, a Los Angeles-based grower, packer, and distributor of conventional and organic potatoes, onions and asparagus. Progressive Produce will continue to operate independently with Marty Kamer remaining as CEO and will join Arable's portfolio alongside sister company Pacific Trellis Fruit to support growth and operational expansion.

FirstFruits Farms (Ontario Teachers-backed) Acquires Applewood Orchards and Applewood Fresh Growers

December 21, 2023

Agriculture

FirstFruits Farms, a portfolio company of Ontario Teachers' Pension Plan Board, has acquired Applewood Orchards, Inc. and Applewood Fresh Growers LLC. The deal expands FirstFruits' growing, packing and distribution footprint—adding apple acreage, controlled-atmosphere storage and new club apple varieties to better serve customers across the Midwest and East Coast.

Peterson Farms Acquires Fresh Innovations from Arable Capital Partners

December 13, 2022

Food & Beverage

Peterson Farms has acquired Fresh Innovations California from Arable Capital Partners and Alpine Pacific Capital. The transaction, which completes Arable’s investment in Fresh Innovations, will boost Peterson Farms’ fresh-cut processing and distribution capabilities for customers (notably K-12 schools) across the U.S.

Arable Capital Partners Acquires Royal Ridge Fruits (Dorsing Farms)

June 21, 2021

Agriculture

Arable Capital Partners has acquired Royal Ridge Fruits, Dorsing Farms, Inc. and related entities, partnering with the Dorsing family who will remain involved and roll over a meaningful equity stake. The investment gives Arable a vertically integrated platform in growing, processing and cold storage of organic and conventional dried and IQF fruits based in Royal City, Washington, to support future growth in organics and value-added fruit ingredients.

Agriculture Capital Acquires Firestone Pacific Foods

September 26, 2019

Food & Beverage

Agriculture Capital has acquired Firestone Pacific Foods, a frozen fruit processor that operates IQF processing, packing and cold storage facilities. The investment will expand Firestone’s processing and cold storage capacity and help Agriculture Capital build a vertically integrated fruit platform (AC Foods) with access to blueberry farms and private-label, industrial and retail outlets.