California Custom Fruits & Flavors has been acquired by Peak Rock Capital
February 2024 — California Custom Fruits and Flavors (CCFF) has been sold to an affiliate of Peak Rock Capital in partnership with CCFF’s management team and the Hall family, who will remain investors.
Founded in 1986 by Terry and Rose Ann Hall, CCFF has been at the forefront of the value-added specialty ingredients and flavors sector for over 35 years. CCFF is a major supplier of custom-formulated fruit bases, fruit fillings, flavors and specialty ingredients with strategic, partner-like relationships across an attractive base of food and beverage processors in the dairy, bakery and confectionary sectors. The company has made substantial investments, including two custom-built, world-class facilities, a dedicated in-house R&D team and a staff of certified flavor chemists.
Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in partnering with families and founders seeking first-time institutional capital and corporate carveouts. For Peak Rock, CCFF represents a platform in the value-added specialty ingredients and flavors industry with strong capabilities to provide innovative, custom products nationally to blue-chip and high-growth customers. Peak Rock has an impressive track record in the food manufacturing space and its buy-and-build and organic growth strategies align well with CCFF’s growth plans.
CCFF’s new partnership with Peak Rock provides the foundation to further enhance the company’s impressive organic growth record through complementary add-on acquisitions. The company will continue to focus on exceptional customer service while looking to further build its blue-chip customer base and enter adjacent product categories.
Our role in the transaction
Oaklins Intrepid in Los Angeles acted as the exclusive financial advisor to California Custom Fruits and Flavors (CCFF) and the Hall family.
Talk to the deal team
Steven Davis
Oaklins Intrepid
Related deals
Heka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn moreGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Learn moreBoeser Frischfleisch has secured financing for the acquisition of Vion Crailsheim
Boeser Frischfleisch GmbH has secured financing in connection with the acquisition of the Crailsheim site from Vion Group. The site specializes in the slaughtering and cutting of cattle and pigs and plays an important role in the southern German meat industry. Through the acquisition, Boeser Frischfleisch expands its value chain and strengthens its position in a market characterized by ongoing structural change and consolidation.
Learn more