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Riverside-Backed Ingredients Platform Bets Big With First Add-On - Wall Street Journal

Parker Products, an ingredients manufacturer backed by midmarket private-equity firm The Riverside Co., has bought fellow ingredients manufacturer Creative Food Ingredients Inc. to expand and diversify its product offerings.

The deal marks Parker’s first acquisition since Riverside acquired the Fort Worth, Texas-based company in 2017 and will roughly double its sales and employee head count, according to Riverside Partner Meranee Phing.

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August 25, 2020 at 06:30PM
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Riverside-Backed Ingredients Platform Bets Big With First Add-On - Wall Street Journal
"ingredients" - Google News
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