Beef International said it retained Equity Partners to “ensure all options are explored that will allow the company to be capitalised and well positioned to grow”.
Founded over 35 years ago, Beef International specialises in manufacturing a range of beef products, as well as speciality pork products including ribs and shredded pork.
The business operates out of a 36,000ft2 facility and works with restaurants and distributors.
Beef International’s president Kevin Ingraldi said the business was excited to see what the next chapter held for them.
“We are working to differentiate ourselves from other processors by providing our clients with custom offerings, and the custom products business is growing at a healthy rate with multiple new product offerings this year,” said Ingraldi.
“We are investing in our plant to ensure that we continue to produce the highest-quality products, in an efficient and cost-effective manner.”
Equity Partners managing director Matt LoCascio said Beef International was well-positioned for the future.
“Beef International has been a market leader for over 35 years and has maintained a stellar reputation in the industry by providing excellent products and service to major food distributors and end-users, including well-established restaurant chains and speciality foodservice providers,” said LoCascio.
“We are excited to work with such a great group and applaud ownership’s decision to proactively pursue strategic options for the business. They are looking forward to another 35 years of continued service and success.”
Equity Partners provides investment banking services and has completed in excess of 600 engagements throughout the United States since 1988.