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Private Equity | Food & Beverage

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.

Parties

Talk to the deal team

Brian Levin

Managing Director
Los Angeles, United States
Oaklins Intrepid

Steven Davis

Managing Director
Los Angeles, United States
Oaklins Intrepid

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