M&A Deal Summary

Blue Point Capital Partners Acquires Country Pure Foods

On December 27, 2019, private equity firm Blue Point Capital Partners acquired food company Country Pure Foods from Silver Springs Citrus

Acquisition Highlights
  • This is Blue Point Capital Partners’ 3rd transaction in the Food sector.
  • This is Blue Point Capital Partners’ 38th transaction in the United States.
  • This is Blue Point Capital Partners’ 9th transaction in Ohio.

M&A Deal Summary
Date 2019-12-27
Target Country Pure Foods
Sector Food
Buyer(s) Blue Point Capital Partners
Sellers(s) Silver Springs Citrus
Deal Type Divestiture

Target

Country Pure Foods

Akron, Ohio, United States
Country Pure Foods is a provider of branded and private label beverage products to healthcare and education markets as well to leading grocery retailers. Country Pure Foods was founded in 1948 and is based in Akron, Ohio.

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Buyer(S) 1

Buyer

Blue Point Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1990
PE ASSETS 1.9B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Point Capital Partners is a middle-market private equity firm focused on investments throughout the US, Canada, and Europe. The Firm looks to commit $10 to $50 million of equity capital in companies generating sales of $30 to $300 million and EBITDA of at least $7 million. Blue Point looks for control investments that arise from management led buyouts, recapitalizaitons, and companies in need of growth capital. Sectors of interest include transportation components, metals processing, plastics, packaging, specialty distribution, environmental, building materials, industrial textiles, transportation/logistics, chemicals, industrial outsourcing, and engineered components. Blue Point will not invest in real estate, restaurants, retail, or companies operating in highly regulated industries. Blue Point Capital Partners was formed in 1990 and has offices in Cleveland, Ohio; Charlotte, North Carolina; and Seattle, Washington.

DEAL STATS #
Overall 42 of 53
Sector (Food) 3 of 4
Type (Divestiture) 1 of 1
State (Ohio) 9 of 13
Country (United States) 38 of 49
Year (2019) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 Mattco Forge

Paramount, California, United States

Mattco Forge is a designer, manufacturer, and test of quality engineered forged metal products, leveraging decades of experience supplying manufacturers with the highest quality metal forging solutions in the world. Mattco Forge was founded in 1969 and is based in Paramount, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-22 Transtar Industries

Cleveland, Ohio, United States

Transtar Industries is a distributor and remanufacturer of automotive aftermarket transmission repair parts and manufacturers of automotive refinishing products. Transtar Industries was founded in 1975 and is based in Cleveland, Ohio.

Buy -

Seller(S) 1

SELLER

Silver Springs Citrus

Howey-in-the-Hills, Florida, United States
Category Company
Founded 1921
Sector Food
DESCRIPTION

Silver Springs Citrus, Inc. is a provider in the quality processing of oranges and grapefruit.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-05 Country Pure Foods

Akron, Ohio, United States

Country Pure Foods is a provider of branded and private label beverage products to healthcare and education markets as well to leading grocery retailers. Country Pure Foods was founded in 1948 and is based in Akron, Ohio.

Buy -
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