Published: August 23, 2010
Harris Williams & Co. Advises Country Pure Foods in Its Sale to Mistral Equity Partners
MINNEAPOLIS - (BUSINESS WIRE) - Harris Williams & Co. is pleased to announce the sale of Country Pure
Foods, a portfolio company of First Atlantic Capital and DN Partners, to
Mistral Equity Partners. Harris Williams & Co. acted as the exclusive
advisor to Country Pure Foods. The transaction was led by Glenn
Gurtcheff, Tim Alexander, Jeffrey Cleveland and Ryan Budlong from the
firm's Minneapolis office.
"Country Pure Foods has an extraordinary track record of providing
premium quality juice to blue-chip customers in the institutional
foodservice, retail, and co-packing markets. With the industry's
broadest product portfolio and the infrastructure required to service
national foodservice accounts, the company has established a leading
market position for which to continue generating profitable growth,"
said Tim Alexander, director at Harris Williams & Co. "The transaction
represents a tremendous outcome for all parties involved and is
indicative of the strong buyer demand for the stable long term growth
dynamics of the food and beverage sector. We look forward to closely
watching the continued success of Country Pure Foods in its new
partnership with Mistral Equity Partners," added Glenn Gurtcheff,
managing director at Harris Williams & Co.
Country Pure Foods is one of the largest independent producers and
distributors of premium quality juices in the United States. The
company's broad product line and geographically diverse facility base
have enabled it to service a diverse customer base in the institutional
foodservice, retail and co-packing end markets.
First Atlantic Capital, Ltd. is a New York City-based private equity
investment firm with a focus on the plastics and packaging, branded
foods, food processing, industrial and consumer goods, as well as
business services industries. Founded in 1989, the firm partners with
management teams to execute growth-oriented investment strategies,
utilizing its extensive consulting heritage and operational expertise.
DN Partners LLC is a Chicago-based private equity firm that manages
committed capital funds on behalf of institutional and high net worth
investors. The firm, through its managed funds, invests in lower-middle
market companies generally based in the Midwest with enterprise values
typically ranging from $10 million to $100 million. The firm specializes
in partnering with management teams to facilitate corporate spin-offs,
family succession transactions, recapitalizations, buy and build
strategies and management buyouts.
Mistral Equity Partners is a private equity firm comprised of highly
experienced investment professionals and seasoned industry executives.
The firm specializes in the consumer, retail, and consumer-focused media
sectors, and is especially attracted to businesses that are supported by
strong demographic trends and fundamental changes in consumer
preferences. Mistral's principals have a long history of working
together and identifying successful investment opportunities with these
characteristics.
Harris Williams & Co. (www.harriswilliams.com),
a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is the
premier middle market advisor with a two-decade legacy of sell side
excellence serving clients worldwide. The firm is focused exclusively on
the middle market providing sell side and acquisition advisory,
restructuring advisory, board advisory, private placements, and capital
markets advisory services.
Investment banking services are provided by Harris Williams LLC, a
registered broker-dealer and member of FINRA and SIPC, and Harris
Williams & Co. Ltd, an Appointed Representative of Sturgeon Ventures
LLP, which is authorised and regulated by the Financial Services
Authority. Harris Williams & Co. is a trade name under which Harris
Williams LLC and Harris Williams & Co. Ltd conduct business in the U.S.
and Europe, respectively.
For general release inquiries, please contact Kimberly Baker, marketing
director, at +1 (804) 648-0072.

Harris Williams & Co.
Kimberly Baker, 804-648-0072
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