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Private equity and the fall of California’s largest stone fruit producer

- Analysis
The bankruptcy of Prima Wawona, California’s largest stone fruit producer, sent shocks throughout the industry.

Deciphering the ins and outs of private equity firms

- Produce Blueprints
Agribusiness owners thinking of selling their company—whether to explore new endeavors or enjoy more leisure time—often look to family members, senior management, or known competitors to acquire a stake in the business. 

M&A activity: The role of private equity

- Produce Blueprints
The role of private equity—and its impact on mergers and acquisitions (M&A)—continues to evolve.

Private equity, M&As, and the produce industry

- Produce Blueprints
Back then, it was tech companies and industry disruptors that attracted PE investment. In the years since, we’ve seen a steady increase of PE investment being made in actual produce companies—businesses that grow, ship, package, and deliver fresh fruits and vegetables. 

Better Together? M&A activity in the produce and greater food industry

- Produce Blueprints
Merger and acquisition (M&A) activity is common in the business world, though it hasn’t been as prevalent in the fresh fruit and vegetable world—until recently.

Private equity invests $2.5MM in southeast blueberry farm

- General News
Carofin and Carolina Financial Securities are proud to announce the closing of yet another investment in a blueberry farm in the Southeast, building upon last year’s successful raise for a similar farm.

Private equity firm acquires majority stake in Sunrise Produce

- General News
Sunrise is led by President and Chief Executive Officer David Sapia, an industry veteran with over 35 years of food distribution industry experience.

Vision Produce acquired by private equity-backed Worldwide Produce

- General News
Worldwide Produce is one of the largest fresh produce and dairy distributors in Southern California.

HKW announces sale of Fresh Direct Produce

- General News
Fresh Direct Produce completed three add-on acquisitions during the investment period, including Emperor Specialty Foods based in Richmond, British Columbia, Canada, Islands West Manufacturing, Ltd. based in Victoria, British Columbia, Canada, and Mike & Mike’s based in Woodbridge, Ontario, Canada.

Private equity firm to acquire Sun World

- General News
The Bridgepoint investment will support Sun World’s plans to accelerate its growth strategy by building a broad-based genetics and technology platform for specialty fruit growers.