has been acquired by
Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the financial advisor to Ardian and MidOcean Partners, two leading private equity firms, and their portfolio company Florida Food Products (“FFP”) in the acquisition of TBev Natural Ingredients.
FFP identified the opportunity to partner with TBev as the company’s extraction technology is compatible with FFP’s focus on beverage development and innovation.
“We’re proud to be associated with this important transaction in the ingredients sector,” noted George Sent, Cascadia Capital Managing Director. “This continues our focus on playing a meaningful role in the clean label movement within the Food space.”
The acquisition represents another successful transaction for Cascadia in the ingredients sector. Past transactions include Pacific Farms, FruitSmart, More than Gourmet, and Firestone Pacific Foods.
For more information about this transaction, please contact the Cascadia Capital the deal team lead:
George G. Sent Jr.
Managing Director
gsent@cascadiacapital.com
(206) 436-2511
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
Scott Porter
Managing Director
sporter@cascadiacapital.com
(206) 436-2528