Quaker Valley Foods and Affiliates have been sold to Hidden Harbor Capital Partners

Quaker Valley Foods

Quaker Valley Foods and affiliates, established in 1975 and headquartered in Philadelphia, Pennsylvania, is a protein distribution company offering over 3,000 fresh and frozen perishable and non-perishable items including beef, pork, chicken, turkey, seafood, deli products, foodservice items, lamb, goat, mutton, veal and ethnic items. For 50 years, Quaker Valley has built a strong reputation with customers and a wide network of suppliers, serving thousands of customers from Connecticut to Virginia providing next day delivery — Monday through Saturday — to independent and ethnic retailers, wholesalers and foodservice customers. For more information, please visit www.quakervalleyfoods.com.

The Deal

Quaker Valley engaged Lincoln International to find a partner that could support the company in executing its multifaceted and well-defined organic and M&A growth strategy. Quaker Valley ultimately chose to partner with Hidden Harbor Capital Partners, whose strong operational capabilities and deep bench of resources will enable the company to accelerate growth in current and adjacent geographies post-acquisition.

Our Perspective

Jeff Cleveland, Managing Director and Co-Head of Lincoln’s Food & Agribusiness group, commented, “Quaker Valley is a leading specialty protein distribution platform serving the Northeast and Mid-Atlantic. The Company’s several decades of success are a testament to the strategic leadership of Wayne Hudis (Chief Executive Officer), Pat Veasey (President & Chief Operating Officer), and the skilled management team they have assembled. We are privileged to have played a role in bringing the Quaker Valley team together with its new partners at Hidden Harbor, and we look forward to following the Company’s continued success.”

Hidden Harbor Capital Partners

Hidden Harbor Capital Partners is a private equity firm which helps create business success stories by building teams focused on execution. The firm believes that great companies are built on a strong group of people as their foundation, and that businesses succeed when they are intensely focused on executing a small set of well-defined objectives. Hidden Harbor currently has assets under management of over $1.9 billion and is investing out of its third fund, an $800 million vehicle. For more information, please visit www.hh-cp.com.

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