Lake Pacific exits Maxi Canada with Altamont acquisition

U.S. private equity firm Lake Pacific Partners has exited Maxi Canada Inc, a maker of frozen chicken products based in St-Lin-Laurentides, Québec. The exit resulted from the company's acquisition this week by U.S. private equity firm Altamont Capital Partners. Lake Pacific invested in Maxi in 2002. William Voss, managing director of Lake Pacific, said that during the investor's period of ownership the business "achieved dramatic growth, added capacity, shifted away from foodservice and industrial markets, built well-known brands and greatly expanded retail distribution."

DealsCanadaNorth AmericaBriefs