

Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the exclusive financial advisor to Pacific Farms, a market leading supplier of minimally processed vegetable ingredients to the food processing industry, in its partnership with Tillridge Global Agribusiness Partners.
Pacific Farms was founded over 20 years ago in Oakland, California. A second-generation family business, Pacific Farms is a value-added ingredients provider with diverse capabilities and product offerings including Garlic, Dehydrated Vegetables, IQF Asian Vegetables, Shelf-Stable Savory Purees and Sauces, and other Frozen Vegetables. Pacific Farms has built a deep and diverse supply-chain to deliver critical, high inclusion end-product ingredients to leading CPGs and branded customers.
Cascadia was engaged to help identify a partner for Pacific Farms that understood the growth potential of the business and aligned with the core values of the company. Together Pacific Farms and Tillridge will endeavor to create a larger platform servicing the needs of their blue-chip food manufacturing customers.
“We are extremely excited about this next chapter of growth in the Pacific Farms’ family,” noted Nate Offenberg, CEO of Pacific Farms. “In Tillridge we found a partner that understands our market and our business, and sees value in the foundation and team we have built. Taking this step for a family-owned company is monumental and we are so glad that we chose to work with the Cascadia team. They guided us through the process with skill and tact and were instrumental in helping us find the right partner to continue our mission of creating customer success and value beyond product.”
“We’re honored to represent Pacific Farms, Nate Offenberg and the entire shareholder group on this compelling transaction,” added George Sent, Cascadia Capital Managing Director. “The company has a storied history of delivering best-in-class ingredients to Fortune 100 food companies. Tillridge’s investment will accelerate growth and help Pacific Farms to maximize value over time.”
This represents another successful transaction for Cascadia in the ingredient sector. Prior clients include Western Polymer, Firestone Pacific, More than Gourmet, Fruit Smart, Valley Processing and others.
For more information about this transaction, please contact:
George Sent
Managing Director
gsent@cascadiacapital.com
(206) 436-2511
Scott Porter
Managing Director
sporter@cascadiacapital.com
(206) 436-2528
Or other senior members of the Food, Beverage & Agribusiness team at Cascadia:
Michael Butler
Chairman & CEO
mbutler@cascadiacapital.com
(206) 436-2530
Erik Einwalter
Managing Director
eeinwalter@cascadiacapital.com
(206) 436-2538
Bryan Jaffe
Managing Director
bjaffe@cascadiacapital.com
(206) 436-2534