Shoreline Equity Partners LLC, a purpose-driven lower middle market private equity firm, has partnered with Prime Meats LLC. Headquartered in Duluth, Ga., Prime Meats is a value-added protein processor and distributor offering beef, poultry, pork, seafood and specialty products to independent restaurants, grocery stores and butcher shops, with a focus on Hispanic and traditional markets across 15 states. Since being founded by Norberto Sanchez in 1992, Prime Meats has grown to over 250 employees serving more than 4,200 customers. Prime Meats continues to grow rapidly through various organic initiatives and will also be seeking strategic acquisition opportunities across the country. Sanchez and the Prime Meats management team will continue to lead the company and maintain a meaningful ownership position moving forward in partnership with Shoreline.
Mike Hand, managing partner at Shoreline, said, "Norberto, Daniel, and the rest of the Prime Meats team have built a phenomenal business, and we are so grateful they selected Shoreline as their partner. We knew from our first conversation with the team that Prime Meats would be a great fit for Shoreline given the Company's impressive track record of growth and our experience in food distribution."