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Acquisition
| Investment Date: |
June 2008
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| Revenue: |
$109M
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| Fenway Investment: |
$119M
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Value Creation
- Build out U.S. facility footprint: up to six new North American facilities to open in 2009
- Open facilities internationally
- Expand services into new frozen categories
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Overview |
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| Preferred Freezer Services is the fifth largest and the fastest-growing public refrigerated warehousing company in the United States. Operating with a footprint of 23 strategically located facilities across the U.S., Preferred Freezer is the leader in the storage of frozen seafood, is rapidly expanding into other frozen categories and is launching internationally in China and Vietnam. |
Investment profile
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- Stable end market demand
- High customer retention once embedded
- More modern facilities than competitors
- Better building design for increased energy efficiency and expedited customer service
- Redundancy system built into facilities
- Build out U.S. facility footprint: up to six new North American facilities to open in 2009
- Open facilities internationally
- Expand services into new frozen categories
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Facts at a Glance
