We believe the complementary strengths of Randall and Wilmar will allow the combined business to further build its position in the market and continue to deliver excellent value to customers.
Configure Partners Advises Highview Capital on Debt Financing for Randall Foods, in Connection with the Merger of Randall and Wilmar
Atlanta, GA — Configure Partners, LLC (“Configure”), a leading middle-market investment bank, is pleased to announce its role as exclusive financing advisor to Highview Capital (“Highview”) in securing committed debt capital to support the recapitalization of Highview’s existing portfolio company, Randall Foods (“Randall”), in conjunction with Randall’s merger with Jobbers Meat Packing Co. Inc., doing business as Wilmar (“Wilmar”) (both collectively the “Company”). Randall and Wilmar are two of the largest multi-protein processors on the west coast, possessing a diverse suite of protein products, similar operating cultures, and world class management teams.
“We are thrilled to have completed the merger of Wilmar with Randall. We believe the combination is a clear strategic fit, and we look forward to watching the combined businesses grow together. Picking the right lending partner to support the combined Company was important to us, and Configure operated under a tight timeline and ran an efficient process that ultimately delivered an attractive financing solution and allowed us to stay focused on the value creation plan.” said Dan Picmann, Principal at Highview.
Mike Garvin, a Managing Director at Configure, commented, “We are thrilled to have worked with the team at Highview on this transaction, and to have played a role in this exciting combination of Randall and Wilmar. We believe the complementary strengths of Randall and Wilmar will allow the combined business to further build its position in the market and continue to deliver excellent value to customers. We look forward to watching the business thrive and grow under Highview’s leadership.”
About Highview Capital Partners (www.highviewcapital.com)
Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. For more information, visit www.highviewcapital.com.
About Randall Foods (www.randallfoods.com)
Randall Foods is a leading provider of poultry and meat solutions. Randall was built with two principles in mind: make a quality product and provide the best customer service possible. The Company’s management and employees are committed to these principles daily. Randall’s key executives include M. Scott Dineen, CEO; Alan Cutler, CFO; Glenn Weeks, CCO; Drew Krut, COO. The company’s products are all SQF Level II certified.
Jobbers Meat Packing d.b.a. WilMar is a leading meat packing company serving customers throughout the US. The company provides beef processing, portioning, grinding, and exporting services. The Los Angeles-headquartered company’s customers include grocery retail, food distributors, and foodservice providers. Founded in 1978 by Marty Evanson, WilMar’s key executives include Willie Thielen, Jose “Pepe” Villasenor and Andrew Evanson. The company is BRC, Organic and Halal certified.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented middle market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.
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