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"McColl Partners understood that family shareholders, especially in a multi-generational business, have unique considerations and objectives above and beyond the financial consideration to be received in a transaction. Being able to effectively address these objectives of the family shareholders was a key component of McColl Partners’ success in working with National Frozen Foods."
Dick Grader
Chief Executive Officer
National Frozen Foods
Corporation |
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"In this transaction, shareholders received significant value from a buyer they believe will be a good steward of National Frozen Foods and its employees going forward and that will protect the legacy that has been established over the past 96 years."
Lorin DeMordaunt
Managing Director
McColl Partners, LLC |
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Deal Summary
McColl Partners, LLC served as financial advisor to National Frozen Foods Corporation (“National Frozen Foods” or the “Company”) in its sale to Endeavour Capital. The McColl Partners team was comprised of Lorin DeMordaunt, John Deering, Brian Rosenthal, and Jae Yi.
About National Frozen Foods Corporation
Founded in 1912 by William P. McCaffray, Sr., National Frozen Foods Corporation is a third generation, family-owned, private label frozen vegetable processing company whose ties reach around the globe. National Frozen Foods is headquartered in Seattle, WA, and employs 600 people full time and an additional 1,400 seasonally throughout Washington and Oregon.
About Endeavour Capital, Inc.
Endeavour Capital, Inc. is a principal investment firm specializing in management buyouts, recapitalization, add-on acquisitions, industry consolidation, and growth capital and ownership transfer transactions. Endeavour seeks to invest in service and manufacturing companies based in the Western United States. Endeavour Capital was founded in 1991 and is based in Portland, Oregon with additional offices in Seattle, Washington; Los Angeles, California; and Lake Oswego, Oregon.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family owned businesses, private equity groups, public companies, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
To learn more about our experience in the food and beverage industry, please contact Lorin DeMordaunt or Brian Davis at (704) 333-0525. More information about McColl Partners can be found at http://www.mccollpartners.com/. |
