Deal Synopsis:
The Lenox Group advised Fresh Frozen Foods on its acquisition of Home Delivery Food Service, Inc. Fresh Frozen Foods, founded in 1975, packages and delivers fresh frozen vegetables, fruits, meats, and biscuits to customers throughout the Southeast. The Company operated a state-of-the-art production facility in Jefferson, Georgia.
Chatham Capital and LaSalle Bank provided capital to support this transaction. Based in Atlanta, Georgia, Chatham Capital is a private investment firm that concentrates on lower-middle market companies. Chatham Capital provides debt and equity solutions to companies throughout North America. Based in Chicago, Illinois LaSalle Bank is a regulated, commercial bank subsidiary of Bank of America (NYSE: BAC). The acquisition deepened Fresh Frozen Foods service offerings in the home foods end-market.