Investment Summary

Argosy Partners Exits Celtrade Canada

On February 18, 2020, STIR Foods invested in food company Celtrade Canada from Argosy Partners

Investment Highlights
  • This is STIR Foods’ 3rd transaction in the Food sector.
  • This is STIR Foods’ 1st transaction in Canada.
  • This is STIR Foods’ 1st transaction in Ontario.

Investment Summary

Date 2020-02-18
Target Celtrade Canada
Sector Food
Investor(s) STIR Foods
Sellers(s) Argosy Partners
Deal Type Add-on Acquisition

Target

Celtrade Canada

Mississauga, Ontario, Canada
Celtrade Canada, Inc. is a private label and contract manufacturer of custom sauces, dressings, and condiments for retail and foodservice customers. Celtrade operates a 56,000 square foot, Safe Quality Food (“SQF”) certified facility in Toronto, Canada.

Search 214,503 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

STIR Foods

Orange, California, United States

Category Company
Founded 2005
Sector Food
DESCRIPTION

STIR Foods is a custom food manufacturer that specializes in soups, sauces, dressings, bakery mixes, and essentially anything else that can be stirred, ladled, or spooned. STIR utilizes Hot Cooking and Cold Mixing processes and techniques. STIR is a customer centric company that focuses on expedient and thorough service, culinary expertise and innovation, manufacturing finesse and flexibility, and product quality and value. STIR Foods was founded in 2005 and is based in Orange, California.


DEAL STATS #
Overall 3 of 4
Sector: Food M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 4
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 Van Law Food Products

Fullerton, California, United States

Van Law Food Products, Inc. is a producer of food products and manufacturer of liquid food products including salad dressings, sauces, marinades, syrups, beverage bases, and flavorings.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Lancaster Fine Foods

Lancaster, Pennsylvania, United States

Lancaster Fine Foods, Inc. is a private label and contract manufacturer of custom sauces, dressings, and condiments for retail, industrial and foodservice customers. Lancaster Fine Foods is based in Lancaster, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Argosy Partners

Toronto, Ontario, Canada

Investor


Category Private Equity Firm
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

Argosy Partners is a private equity firm that provides capital to small and medium-sized Canadian businesses. Argosy markets its services through its Shotgun and Succession funds. The Shotgun Fund is designed for time sensitive opportunities with company sales between $10 and $100 million. The Succession Fund is designed to allow business owners to partially liquidate ownership. Industry sectors of interest include manufacturing, distribution, and service. Arogosy Partners was formed in 1998 and is based in Toronto.


DEAL STATS #
Overall 4 of 4
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Ontario M&A 3 of 3
Country: Canada M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Etratech Enterprises

Burlington, Ontario, Canada

Etratech Enterprises, Inc. is a designer and manufacturer of custom electronic and electromechanical control systems, offering high-quality, low-cost solutions to multinational clients in the automotive, appliance, HVAC, recreational vehicle (RV), and marine industries. Etratech Enterprises, Inc. was established in 1989 and is based in Burlington, Ontario.

Sell $64M