Palm Beach Capital Invests in J. Polep Distribution Services and Rachael's Food
September 30, 2019
Palm Beach Capital (Fund III) made a minority growth investment in Consumer Products Distributors, LLC (d/b/a J. Polep Distribution Services) and Rachael's Food LLC, a long-standing full-line wholesale distributor to convenience and grocery stores. Financial terms were not disclosed; the investment is intended to support growth, product diversification and to help form a convenience-distribution platform for future consolidation.
- Buyers
- Palm Beach Capital Fund III, L.P. (Palm Beach Capital)
- Targets
- Consumer Products Distributors, LLC (d/b/a J. Polep Distribution Services), Rachael's Food LLC
- Industry
- Logistics & Distribution
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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