Investment Summary

Acuity Capital Partners Exits Morey’s Seafood International

On February 4, 2020, Rich Products invested in food company Morey’s Seafood International from Acuity Capital Partners

Investment Highlights
  • This is Rich Products’ 4th transaction in the Food sector.
  • This is Rich Products’ 4th transaction in the United States.
  • This is Rich Products’ 1st transaction in Minnesota.

Investment Summary

Date 2020-02-04
Target Morey’s Seafood International
Sector Food
Investor(s) Rich Products
Sellers(s) Acuity Capital Partners
Deal Type Add-on Acquisition

Target

Morey’s Seafood International

Plymouth, Minnesota, United States
Morey’s Seafood International LLC is a seafood manufacturer and distributor. Morey's manufactures hundreds of products under Morey's label including Morey's Marinated Salmon and Tilapia, Morey's Smoked Salmon Portions and Morey's Smoked Fish. Morey’s Seafood International was founded in 1937 and is based in Plymouth, Minnesota.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Rich Products

Buffalo, New York, United States

Category Company
Founded 1945
Sector Food
Revenue 3.3B USD (2013)
DESCRIPTION

Rich Products Corporation was born from an innovation – the world’s first non-dairy whipped topping. Mr. Rich’s pioneering spirit continues to guide the ongoing success of this family held company.


DEAL STATS #
Overall 4 of 4
Sector: Food M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
State: Minnesota M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 TreeHouse Foods - Two In-Store Bakery Facilities

Oak Brook, Illinois, United States

TreeHouse Foods, Inc. - Two In-Store Bakery Facilities (The Fridley and Lodi plants) manufactures bread, rolls, and cakes for in-store retail bakeries and foodservice customers.

Buy -

Seller(S) 1

SELLER

Acuity Capital Partners

Chicago, Illinois, United States

Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

Acuity Capital Partners is a private investment firm focused on acquiring lower middle-market Midwest US based companies with revenues of at least $5 million. The Firm targets low to mid-technology manufacturing, valued-added distribution, and select service companies. Acuity will only consider control situations and pursues transactions valued from $5 to $50 million. Acuity Capital Partners was formed in 2006 and is located in Chicago, Illinois.


DEAL STATS #
Overall 2 of 2
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-01 Sterling Card Solutions

Nolensville, Tennessee, United States

Sterling Card Solutions is a provider in custom plastic card printing solutions for various industries, including gift cards, hotel key cards, ID cards, phone cards and more. Sterling Card Solutions is based in Nolensville, Tennessee.

Buy -