US manufacturer Louisiana Fish Fry Products has been sold to an affiliate of Peak Rock Capital, becoming the private-equity firm’s latest investment in the food industry.
Baton Rouge-based Louisiana Fish Fry Products manufacturers branded, Louisiana-inspired food products, including spices, seasonings, batters, sauces and rice mixes.
The company, set up 30 years ago by the Pizzolato family, sells to grocers, mass-market retailers and foodservice distributors.
Anthony DiSimone, Peak Rock Capital’s CEO, said: “This transaction reinforces Peak Rock’s deep experience investing in founder and family-owned businesses and highlights our continued interest in attractive investments in the food and beverage industry. We continue to seek additional food and consumer platforms to invest in as well as complementary add-on acquisitions for Louisiana Fish Fry of other branded specialty food companies.”
Peak Rock Capital’s roster of investments includes US pizza-crust business TNT Crust, which it bought from Tyson Foods this summer.
Financial terms of the deal for Louisiana Fish Fry Products were not disclosed.