King & Prince Seeks Frozen Food Manufacturer

King & Prince has retained Focus Acquisition Partners as its exclusive M&A advisor to identify and advise on an acquisition of a frozen food manufacturing company located west of the Mississippi.

Founded over 100 years ago, King & Prince has an excellent reputation as a manufacturer of frozen seafood products for the food service sector, and is well positioned to pursue acquisition opportunities.

 Increased demand for its products has lead to a necessity to acquire additional manufacturing and distribution capabilities and capacity. Acquisition opportunities with the following characteristics are of interest.

• Location: 

  • West of the Mississippi

  • Right-to-work state preferable

  • Railroad access is a “nice to have”

• Manufacturing Capabilities and Scale: 

  • Frozen “brown and crunchy” fried food products (protein or vegetables)

  • Not interested in manufacturers of fried chicken or pork

  • Existing (or floorspace to install) battered and breaded fry line 

  • Spiral freezer (all products produced are frozen)

  • Capacity to produce upwards of 20 million pounds annually

  • Minimum plant size 30,000 square feet with land for future expansion  

  • USDA or FDA certified

• Freezer and Storage:

  • On site preferable or within 30 minute drive

• Customers:

  • Preference is for branded food service, but can have a mix of private label or copacking

  • Ideally food service customers - including restaurants

• Revenue:

  • $30M to $150M

King & Prince will consider businesses that are privately held, private equity backed or corporate carve outs. If you’d like to learn more about this acquisition initiative or you know of a company that may meet these investment criteria please call or email us.