Investment Summary

Founders Group of Food Companie Invests In Presteve Foods

On May 5, 2015, family office Founders Group of Food Companie invested in food company Presteve Foods

Investment Highlights
  • This is Founders Group of Food Companie’s 1st transaction in the Food sector.
  • This is Founders Group of Food Companie’s 1st transaction in Canada.
  • This is Founders Group of Food Companie’s 1st transaction in Ontario.

Investment Summary

Date 2015-05-05
Target Presteve Foods
Sector Food
Investor(s) Founders Group of Food Companie
Deal Type Growth Capital

Target

Presteve Foods

Wheatley, Ontario, Canada
Presteve Foods specializes is supplying fresh and frozen fish – whether whole, dressed, filleted or breaded/battered – to wholesalers, distributors and retail customers in the US. Presteve Foods is based in Wheatley, Ontario.

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Investor(S) 1

DESCRIPTION

Founders Group of Food Companies Inc. is a family investment firm focused on acquiring and investing in medium-sized food, beverage and consumer packaged goods businesses. For platform acquisitions, the Firm targets profitable companies with $3 to $10 million of EBITDA with headquarters in Canada or the Midwestern/Western areas of the US. Founders is a long-term investor, with no investment time horizon. Founders Group of Food Companies was established in 2014 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1