Tricor Pacific Capital buys Gold Standard from Arbor Investments
U.S. private equity firm Arbor Investments has sold portfolio company Gold Standard Baking to Canadian private equity firm Tricor Pacific Capital. The deal's financial terms were not released. Headquartered in Chicago, Illinois, Gold Standard is a manufacturer of frozen laminated dough products sold through grocery retailers, food service distributors, restaurant chains, commissaries and convenience stores across North America. Arbor invested in the company in 2008. The acquisition of Gold Standard by Tricor marks the firm's second disclosed platform investment in 2015. In April, Tricor bought U.S. recycling and waste solutions services provider Certified Recycling.
1 May 2015•3 mins read
