Wynnchurch Capital has acquired Stampede Meat, a provider of portioned, marinated and cooked beef, chicken, and other protein products. The seller was Fairmont Capital which acquired a controlling interest in the company in April 2007 from the company’s founders.
Customers of Stampede include national restaurant chains, quick service restaurants, foodservice distributors, home delivery networks and grocery retailers. The company, led by CEO Brock Furlong, was founded in 1995 and is headquartered near Chicago in Bridgeview, IL (www.stampedemeat.com).
“We are excited to partner with the management team of Stampede to continue the company’s track record of superior customer service, safety, quality and innovation, and we look forward to supporting the company’s growth plans,” said John Hatherly, Co-Managing Partner at Wynnchurch.
Wynnchurch Capital makes investments in middle-market companies that have revenues of $50 million to $1 billion. Sectors of interest include aerospace & defense, automotive, building products, chemicals, food, logistics, energy services & equipment, environmental services, industrial products & services, metals & mining, and paper & packaging. The firm was founded in 1999 and is located in the Chicago suburb of Rosemont with additional offices in Detroit (Bloomfield Hills), Los Angeles (El Segundo), and Toronto (www.wynnchurch.com).
“Wynnchurch seeks to invest in customer-focused businesses that recognize their success is driven by meeting or exceeding their customers’ needs. Stampede embraces this philosophy, offering highly customized, collaborative solutions to customers,” said Neel Mayenkar, Managing Director at Wynnchurch.
© 2017 Private Equity Professional | June 29, 2017