PE-backed IF&P acquires Cibus Fresh
Summary
The acquisition will accelerate the growth of IF&P by expanding its convenient grab-and-go offerings to include chef curated sandwiches, wraps, flatbreads, salads, snack packs and parfaits cups.The company has grown to include a fleet of over 340 refrigerated trucks servicing over 14 states in the Midwest and beyond from five facilities totaling over 225,000 square-feet of warehouse space.Today, IF&P is a category leader in providing both the food service and retail industries with fruit, vegetables, dairy, and floral products.The partners of Rotunda Capital actively provide guidance and draw on deep industry and financial relationships to contribute to the successful execution of Rotunda’s companies’ strategic plans.VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more.