Food Evolution (Akoya Capital) Acquires Fresh & Ready Foods as First Add-on

Fresh & Ready Foods Acquires Green Cuisine from the Sanderson Family

January 8, 2019

Food & Beverage

Green Cuisine, a San Fernando, California private-label food manufacturer owned by the Sanderson family, was sold to Fresh & Ready Foods, a San Fernando-based portfolio company backed by Akoya Capital, Balance Point Capital and Plexus Capital. KROST acted as exclusive financial advisor to Green Cuisine; the deal value was not disclosed and represents an add-on to Fresh & Ready Foods' platform to expand its prepared-food manufacturing capabilities.

Bolthouse Farms Acquires Evolution Fresh from Starbucks

August 1, 2022

Food & Beverage

Bolthouse Farms, a portfolio company of Butterfly Equity, has acquired the Evolution Fresh brand, business, and supporting employees from Starbucks. The acquisition expands Bolthouse Farms' premium refrigerated beverage portfolio and will allow Evolution Fresh to accelerate growth while Starbucks focuses on its core business.

FreshEdge (backed by Rotunda Capital) Acquires Leonardo's Produce

January 5, 2021

Food & Beverage

FreshEdge, the Rotunda Capital Partners-backed fresh food distribution platform, has acquired Leonardo's Produce, a Detroit-based distributor of fresh produce and specialty products. The add-on deal (closed December 31, 2020) expands FreshEdge's presence and service offerings in Michigan and northern Ohio and strengthens its value-added fresh-cut and specialty capabilities.

FreshEdge Acquires Frontier Produce

July 25, 2024

Food & Beverage

FreshEdge, a Wind Point Partners-backed super-regional fresh food distributor, acquired Frontier Produce, a three-facility fresh produce distributor based in Oklahoma. The add-on expands FreshEdge's geographic footprint westward (complementing its KT Produce acquisition) and adds capacity to better serve restaurants, hotels, school systems and other foodservice customers across Oklahoma and southwest Missouri.

Yellow Point Equity Partners Invests in Fresh Prep Foods

August 25, 2021

Food & Beverage

Yellow Point Equity Partners completed a growth investment in Fresh Prep Foods Inc., a Vancouver-based meal-kit delivery company. The capital will support Fresh Prep's expansion into Alberta and continued scaling of its sustainable, zero-waste meal-kit operations.

365 Retail Markets Acquires Kafoodle

April 18, 2023

Software

365 Retail Markets, a Troy, Michigan-based provider of unattended retail technology, has acquired UK-based Kafoodle, a food-technology company specializing in menu and kitchen management, nutritional data, and allergen compliance. The deal integrates Kafoodle's menu and nutrition capabilities into 365's product portfolio and expands 365's reach in the United Kingdom and broader European markets.