An affiliate of Peak Rock Capital, a prominent middle-market private investment firm, today announced a definitive agreement for the sale of Paragon Healthcare, Inc. to Elevance Health (NYSE: ELV). This move signifies a major shift in the healthcare industry, with Paragon, a leader in ambulatory and home infusion services, joining one of the industry’s major […]
Peak Rock Capital, a middle-market private investment firm, said that one of its affiliates has agreed to acquire Rochester Midland Corporation (RMC), in partnership with the chemical manufacturer’s founding family and management team. Founded in 1888, Rochester Midland is a premier supplier of specialty chemical products and value-added services, catering to diverse end markets like […]
Peak Rock Capital, a middle-market private investment firm, said that one of its affiliates has divested Louisiana Fish Fry Products (LFF) to private equity firm MidOcean Partners for an undisclosed price. Louisiana Fish Fry Products is engaged in manufacturing branded, Louisiana-inspired food products in four main categories, which are coatings, sauces and marinades, bases and […]
Pretzels, a US manufacturer of pretzels and other snack products, revealed plans to build a production facility in VenturePark in Lawrence, Kansas. The new facility, which will be of 150,000sft, is expected to generate a considerable number of new jobs, besides ramping up Pretzels’ capacity across a variety of products and formats. Pretzels hopes to […]
Peak Rock Capital acquisition of TNT Crust : US meat processing company Tyson Foods has agreed to offload TNT Crust, its pizza crust business, to an affiliate of Texan private equity firm Peak Rock Capital for an undisclosed price. TNT Crust, which was established in 1981, produces partially-baked and self-rising pizza crusts which it supplies […]