Peak Rock acquires Berner Food & Beverage

By Jenny Eagle contact

- Last updated on GMT

Related tags: Investment

Peak Rock acquires Berner Food & Beverage
Peak Rock private equity firm has acquired Berner Food & Beverage, which manufactures private label cheese dips, salsa con queso, alfredo sauce, aerosol cheese products and coffee and latte-based beverages.

Steve Kneubuehl, CEO, Berner, which is based outside of Chicago, US, said under Peak Rock's ownership, it will ‘have the added resources necessary to further grow the business and facilitate product expansion’.

Anthony DiSimone, CEO, Peak Rock Capital, said the company continues to invest in high profile food businesses where it can leverage the sector experience of its management team to drive growth and operational improvements.

We continue to look for other attractive platform opportunities and add-on acquisitions that can drive meaningful value to our portfolio​," he said.

Peak Rock Capital makes equity and debt investments in companies in North America and Europe. It focuses on investing in opportunities where it can support senior management in driving rapid growth and profit improvement through operational and strategic change.

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