Divestiture • Food

Red Arts Capital Acquires Freshway Foods

On March 13, 2025, private equity firm Red Arts Capital acquired food company Freshway Foods from US Foods

Acquisition Context
  • This is Red Arts Capital’s 1st transaction in the Food sector.
  • This is Red Arts Capital’s 7th transaction in the United States.
  • This is Red Arts Capital’s 1st transaction in Ohio.

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M&A Deal Summary

Date March 13, 2025
Target Freshway Foods
Sector Food
Buyer(s) Red Arts Capital
Sellers(s) US Foods
Deal Type Divestiture

Target Company

Freshway Foods

Sidney, Ohio, United States
Freshway Foods is a fresh fruit and vegetable processor, repacker, and distributor serving customers throughout the eastern half of the United States. Freshway Foods was founded in 1988 and is based in Sidney, Ohio.
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Buyer Overview 1

DESCRIPTION

Red Arts Capital is a private investment firm focused on North American-based transportation, logistics and related industries. The Firm looks to invest in privately-owned, primarily family-owned and multi-generational businesses with solid business fundamentals and a strong track record and reputation. Red Arts Capital is headquartered in Chicago.


Deal Context for Buyer #
Overall 7 of 8
Sector: Food 1 of 1
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 7 of 8
Year: 2025 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-19 KKSP Precision Machining

Glendale Heights, Illinois, United States

KKSP Precision Machining is a contract manufacturer of high-volume, medium-tolerance, precision-machined metal components for a variety of applications. K&K specializes in brass components and is the largest Davenport screw machine operator in the United States. KKSP Precision Machining was founded in 1968 and is based in Glendale Heights, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-14 Forestwood Farm

Birmingham, Alabama, United States

Forestwood Farm is a produce distributor, delivering high-quality fresh fruits, vegetables, eggs, and dairy products to restaurants, schools, and military facilities across the Southeast from its locations in Alabama and Tennessee.

Buy -

Seller Profile 1

SELLER

US Foods

Rosemont, Illinois, United States

Category Company
Founded 2007
Sector Distribution
Employees30,000
Revenue 37.9B USD (2024)
DESCRIPTION
Entrance to US Foods' headquarters in Rosemont, Illinois.
Entrance to US Foods' headquarters in Rosemont, Illinois.

US Foods is a food distributor to restaurants, healthcare and hospitality facilities, government operations and educational institutions. The Company offers more than 350,000 national brand products and our own high-quality private label items ranging from meats to produce to frozen foods. US Foods was founded in 2007 and is based in Rosemont, Illinois.


Deal Context for Seller #
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: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-19 Renzi Foodservice

Watertown, New York, United States

Renzi Foodservice is a broad-line distributor that serves more than 2,300 independent restaurants, healthcare facilities, schools, government organizations, convenience stores, and other customers. Renzi Foodservice is based in Watertown, New York.

Buy -

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