Member News

Houlihan Lokey Advises Maxi Canada, Inc.

Houlihan Lokey’s Consumer, Food & Retail Group is pleased to announce that Maxi Canada, Inc. (Maxi), a portfolio company of Lake Pacific Partners LLC, has been acquired by Altamont Capital Partners LLC (Altamont). The transaction closed on December 9, 2016.

Founded in 1970 and located in St-Lin-Laurentides, Quebec, Maxi has developed an attractive portfolio of frozen poultry products sold throughout the United States. The company is known for its high-quality, great-tasting products sold under the Dino Buddies and Yummy brands. The Dino Buddies brand is renowned for its better-for-you attributes, distinct shapes, and fun packaging, leading to extraordinary success as a “mom-approved” product that is tasty and fun for kids, and increasingly popular among millennials.

Altamont is a private investment firm based in the San Francisco Bay Area with more than $2 billion of capital under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential. Altamont’s principals have significant experience building business success stories across a range of industries, including consumer/retail, industrials, healthcare, and financial services.

Lake Pacific Partners LLC is an operationally-oriented private equity firm based in Chicago investing in buyouts, growth equity and turnaround transactions involving established middle market companies. The firm invests in food & beverage, consumer products, wholesaling, packaging, distribution, business services, and related industries. Lake Pacific’s team has over 100 years of operating and private equity experience.

If you would like more information about Houlihan Lokey, or if you have questions regarding the sale of Maxi, please contact one of the Consumer, Food & Retail Group team members listed below.

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Deal Team Contacts | Consumer, Food & Retail Group:
Jay Novak, Managing Director, JNovak@HL.com, 312.456.4754
Matt Kaczmarek, Managing Director, MKaczmarek@HL.com, 312.456.4761

Compliments of Houlihan Lokey – A member of the EACCNY