Wind Point Partners acquires Pacifica Foods, Stir Foods
Wind Point Partners, a Chicago-based private equity firm, has acquired Pacifica Foods and Stir Foods, two California-based businesses in the custom food manufacturing industry.
Wind Point Partners, a Chicago-based private equity firm, has acquired Pacifica Foods and Stir Foods, two California-based businesses in the custom food manufacturing industry. Pacifica and Stir, headquartered in Corona, Calif., and Orange, Calif., respectively, are custom manufacturers of soups, sauces, dressings, fresh salsas, and muffin batters for both retail and foodservice customers. The acquisition of these businesses will allow both companies to better service existing customers through a more diverse set of product and packaging offerings (sizes and formats), additional capacity for growth, and greater culinary expertise and resources.
“Pacifica Foods and Stir Foods are leaders in the attractive custom food manufacturing industry,” said Joe Lawler, principal at Wind Point. “Our investment will support the strong cultures established by the ongoing ownership and current management teams to continue to deliver strong quality and customer service and grow with our customers.”
In addition, Wind Point has hired Milt Liu as CEO of Pacifica and Stir Foods. Liu possesses experience in Pacifica and Stir’s end markets and has held various leadership, operational, and strategy-oriented roles throughout his career, most recently serving as president and COO of Flying Food Group.
Pacifica and Stir’s four production facilities will remain open and management from both companies will continue to be involved in business going forward.