Pfingsten Partners has held an above target, oversubscribed, and hard cap close of its sixth investment fund, Pfingsten Fund VI LP, with $435 million in capital. Fund VI’s limited partners include family offices, endowments, foundations, consultants, asset managers, insurance companies and high-net-worth individuals, including 25 former portfolio company executives and family-founder partners. “The successful fundraise […]
Archives for October 24, 2023
Gridiron Closes Fifth Fund at $2.1 Billion
Gridiron Capital has closed its fifth fund, Gridiron Capital Fund V LP, with $2.1 billion of capital. The new fund exceeded its target of $1.8 billion and is markedly higher than the firm’s earlier fund which closed in December 2020 with $1.35 billion of capital. Gridiron V is the largest fund in the firm’s history […]
Frontenac Stirs it Up with Buy of Prime Foods and Chan & Chan
Frontenac has acquired sister companies Chan & Chan and Prime Food Processing, a branded Asian food manufacturing business. Chan & Chan and Prime Food Processing (CCI Prime) are manufacturers and importers of Chinese and Asian-style products including mini-pork sausages, Chinese sausages and bacon, dumplings, bao buns, dim sum, and other Asian food products sold primarily […]
BCP Buys RP Foods
Benford Capital Partners (BCP) has acquired RP Foods, a Hispanic-focused food and beverage products company, in partnership with the company’s owners and senior management team. RP Foods is an importer of branded, private label, and B2B food and beverage products including corn flours and tostadas, coconut milk beverages, aloe vera drinks, oils, avocados, and cookies […]