Wynnchurch Capital L.P., a middle-market private equity firm, announces the sale of Stampede Culinary Partners to Premium Brands Holdings Corp.

Headquartered in Bridgeview, Ill., Stampede is a North American culinary solutions provider, with a specialized focus on sous vide solutions. With over three decades of experience, Stampede serves a blue-chip customer base across multiple channels, including restaurants, retail and foodservice distribution. The company has grown significantly through organic expansion, strategic acquisitions and continued investments in capacity and capabilities.

John Hatherly, managing partner at Wynnchurch, said, “Stampede represented an opportunity to partner with not only a market-leading protein solutions company, but also an exceptional management team. During our partnership, the team strengthened Stampede’s longstanding reputation for customer service, food safety, quality and innovation, while transforming the business. We are grateful for our partnership with Brock Furlong and the entire Stampede organization and are proud of the team’s accomplishments.”

Brian Riordan, managing director at Wynnchurch, said, “We appreciate the dedication from the Stampede team as they led the transformation of the business during our partnership into a scaled provider of value-added protein solutions. Together, we had a vision to dramatically expand in the sous vide market and the management team successfully executed that strategy. We are excited for Brock and his team as they partner with Premium Brands and build on their success.”

“There is no better word and no greater compliment than to thank Wynnchurch for their partnership," said Brock Furlong, CEO of Stampede. "It is reflected not only in our name, but more importantly in the unwavering approach we take to serving our foodservice and retail customers. Wynnchurch fully supported our team as we built an industry-leading North American sous vide platform.

"My entire Stampede family is very excited to be joining the Premium Brands team, and we look forward to leveraging the extensive new capabilities and resources within the Premium Brands ecosystem to better serve our rapidly expanding customer base."

North Point Mergers and Acquisitions Inc. served as lead financial advisor to Stampede, and BofA Securities Inc. served as co-financial advisor. Tucker Ellis LLP, Perkins Coie LLP and Stikeman Elliott LLP provided legal advice to Wynnchurch in connection with the transaction.

Source: Wynnchurch Capital L.P.