Blue Point Capital acquires Russell Food Equipment in recap deal
Blue Point Capital Partners, a U.S. mid-market private equity firm, has acquired Russell Food Equipment Ltd in a recapitalization deal. No financial terms were released. Based in Vancouver, Russell is a provider of food service equipment and supplies to more than 20,000 food service operators across Canada. Established in 1938, it operates from 14 distribution and three manufacturing facilities and sells its products under both third-party brands and Quest Metal Works, a business affiliate. Blue Point said Russell offers organic and external growth opportunities that the firm plans to support with operational and strategic resources.
2 September 2015•3 mins read
