Transaction Overview
- Represented Wholesale Produce Supply (“WPS” or the “Company”), a portfolio company of Mill City Capital, on its sale to Cross Rapids.
- Wholesale Produce Supply is a leading fresh produce logistics and inventory management solutions provider to customers in the Upper Midwest and Canada.
- WPS serves as an integral partner to distribution centers operated by foodservice distributors, grocery wholesalers, and quick-serve restaurants by adding significant value to many of its product offerings such as ripening, grading, fresh-cut, sorting, and other value-added services.
Drivers of Interest
- Long-tenured relationships with blue-chip foodservice and retail customers.
- Deep network of diverse growers across all primary growing regions in North America.
- The ability to act as a true partner for its customer base through its differentiated, value-added fresh produce logistics and inventory management solutions.
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