Patriot Pickle, a Swander Pace Capital portfolio company that manufactures and distributes fresh pickles across the United States to restaurant chains, supermarkets, and delis, has acquired the pickle assets of Farm Ridge Foods.
Farm Ridge Foods distributes pickled products into the retail channel under its own name, as well as private label and third-party brands.
“This is an exciting time to be a leader in fresh pickle manufacturing. The acquisition of Farm Ridge Foods is a key step towards rounding out and building up our internal retail sales capabilities. Fresh, refrigerated pickles are a key growth area for our retail and foodservice partners, and we are excited to be able to better serve them more directly with this acquisition,” said CEO of Patriot Pickle, Bill McEntee.
“The Farm Ridge Foods acquisition is a value-enhancing add-on for the Patriot Pickle investment platform and strengthens our position in the pickle category. We will continue to look for interesting investment opportunities within the fermented foods and pickled vegetable category to further establish Patriot Pickle as a leading fermented foods platform,” said Patriot Pickle Board Chairman and Swander Pace Capital Managing Director, Corby Reese.
“The Patriot Pickle team continues to deliver and drive results across all facets of the business. We are excited to add another retail brand to the Patriot Pickle portfolio and a direct retail sales capability to help further drive growth and profitability,” said Tyler Matlock, Swander Pace Capital Managing Director and Patriot Pickle Board Member.
