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Quarton Partners advises Jardine Foods in its sale to Teasdale Foods, a portfolio company of Snow Phipps

Transaction

Jardine Foods has been acquired by Teasdale Foods, a portfolio company of Snow Phipps. Quarton Partners acted as the exclusive financial advisor to Jardine Foods in this transaction.

Company

Jardine’s is a leading manufacturer and marketer of natural and organic Southwestern foods. The Company provides a comprehensive portfolio of branded, private label and co-manufactured salsa, queso, dip, barbecue sauce, and hot sauce. Jardine’s products are available at mainstream grocery, mass merchandise and specialty retailers throughout the United States.

Buyer / Investor

Headquartered in Atwater, CA, Teasdale is a leading provider of private label and branded bean and hominy products to the retail, foodservice, and wholesale channels. Teasdale Foods offers a full line of bean and hominy products from traditional and organic beans to market leading white hominy, as well as ready-to-use white sauce and hollandaise. For more than 70 years consumers have relied on Teasdale to provide the highest quality products to feed them like family. Teasdale operates three production facilities in Atwater, CA, Hoopeston, IL, and Greeley, CO.

Contact

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Robert S. Parker

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Eric J. Van Dam

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