SPE, Dundee invest $20M in Blue Goose, add on Tender Choice
October 21, 2016
Food Products | Vancouver, Canada | PE Growth
Serruya Private Equity has teamed with Dundee (TSX: DC.A) to make a $20 million strategic investment in Blue Goose Capital, a distributor of organic and natural meat to over 640 retail locations in Canada. Concurrently, Blue Goose has used the proceeds to fund a portion of the price for its acquisition of the Ontario-based Tender Choice Foods, a packager and distributor of meat products. Blue Goose also secured a debt facility of approximately $35 million to finance the deal.