Generational Equity Announces the Merger of Hesco, Inc. with Healthy Food Ingredients, LLC
DALLAS, Feb. 17, 2015 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the merger of its client, Hesco, Inc. (www.hesco-inc.com) headquartered in Watertown, South Dakota, with Healthy Food Ingredients, LLC (HFI), located in Fargo, North Dakota. The transaction closed on December 24, 2014.
Hesco, Inc. is a specialty grain company headquartered in South Dakota, the heart of the US grain belt. Hesco provides high quality, conventional and organic grains, and grain-related products for both the food and pet food industries. The company is one of the largest independent grain processing facilities in the United States with two active facilities providing grain to both domestic and international customers.
Generational Equity Managing Director Terry Mackin was the Generational Equity Dealmaker that advised Hesco, Inc. on the transaction. "Our marketing campaign tapped into the high level of interest for businesses that specialize in organic foods and found our client a partner that is experienced, understands the industry and has a long-term commitment to the company's success," stated Terry Mackin.
HFI was formed in October 2013 with the recapitalization, in partnership with the existing owners and management, of SK Food International, Inc. (www.skfood.com). HFI's mission is to build a leading specialty ingredient company that is focused on the organic, non-GMO, gluten free, ancient grain and identity preserved segments, and it addresses domestic and international customer demands for high quality, reliable, identity preserved ingredients. HFI is supported by Horizon Holdings, LLC (www.horizonholdings.com) a 26 year old San Francisco-based private investment firm that has a significant track record in successfully building private and public companies over the long term.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
For more information:
Jessica Mead
972-232-1100
[email protected]
SOURCE Generational Equity
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