Wind Point Adds Turkey Creek to Evans

Wind Point Adds Turkey Creek to Evans

Evans Food Group, a portfolio company of Wind Point Partners, has acquired Turkey Creek Snacks, a maker of pork rind products.

Evans Food Group is a producer of branded and private label finished pork rinds and pork rind pellets. Pork rind is the skin (rind) of a pig and when fried or roasted are sold as a snack food. Evans was founded in 1947 and is headquartered in Chicago with five production facilities in Chicago, IL; Arlington, TX; Portsmouth, OH; Ontario, CA; and Saltillo, Mexico (

Turkey Creek, a producer of branded pork rinds, was founded in 1977 by Gail and Laddie Fulcher and is headquartered south of Atlanta in Thomaston, GA (

Wind Point Partners acquired Evans in April 2016. The firm partnered on this transaction with Jose Luis Prado, the former President of Quaker Oats North America. Earlier, he was the president and CEO of Grupo Gamesa-Quaker in Mexico and he also held senior positions in sales, finance and general management at PepsiCo in Latin America and Europe.

“I am delighted to welcome the entire Turkey Creek team into the Evans family,” said Mr. Prado. “Both companies share a passion for delighting our customers with delicious and high-quality products and being great partners to our customers and distributors for many decades. We are also excited to leverage Turkey Creek assets to expand our product portfolio with more product solutions and brands. The combination also increases our capacity to keep up with this fast-growing market.”

According to Wind Point, pork rinds are the fastest growing product in the salty snacks market. The product is higher in protein than other crunchy snack foods and are a good “high-protein, low-carbohydrate” alternative.  They are also a favorite snack food of the growing Hispanic demographic.

The buy of Turkey Creek strengthens the company’s position in the convenience channel and adds a manufacturing platform in the southeast. “We are excited about the combination of Evans and Turkey Creek. Both companies are intensely focused on growing the pork rinds category,” said Joe Lawler, a principal with Wind Point. “From a strategic perspective, the acquisition of Turkey Creek will give Evans a launch pad to grow in the large convenience channel and enhance our manufacturing capacity and capabilities in a new geography.”

Turkey Creek is the second add-on acquisition for Evans under Wind Point ownership. In October 2017 the company acquired Gaytan Foods, a City of Industry, CA-based maker of pork rind products. Wind Point continues to seek additional add-on acquisitions for Evans.

Wind Point invests from $50 million to $100 million in companies with EBITDAs of at least $10 million. Industries of interest include business services, consumer products and industrial products. In June 2017, Wind Point held a final closing of its eighth fund, Wind Point Partners VIII LP, with $985 million of capital commitments. The fund exceeded its initial hard cap of $750 million and marks the largest fund closing in Wind Point’s history. The firm was founded in 1984 and is based in Chicago (

BMO Harris Bank ( and Antares Capital ( led the financing for the buy of Turkey Creek.

© 2019 Private Equity Professional | March 21, 2019

To search in site, type your keyword and hit enter