Evergreen Pacific Partners News


July 11, 2018

Evergreen Pacific Partners Exits Good Source Solutions

 

SEATTLE and CARLSBAD, Calif. (July 11, 2018) Good Source, Inc. a portfolio company of Evergreen Pacific Partners, Washington state’s largest private equity fund, has been sold to an affiliate of Highview Capital, LLC, a Los Angeles-based private equity investment firm. 

Founded in 1989, Good Source is a specialized food distributor with sophisticated procurement and logistical capabilities. The company services a wide spectrum of value-focused end markets through its national network of facilities, with particular emphasis on education, corrections and non-profit customers who are typically underserved by the market. The company has strong relationships with over 500 leading food manufacturers around the world, and serves as the critical link between these sources of supply and the 2,500+ customers who depend on Good Source for high-quality products and solutions.
 
Highview Capital invests in middle market businesses that are facing a critical inflection point and are ready for transformation, whether that is executing turnarounds or managing rapid growth. The team’s deep and broad range of experience, coupled with the flexibility of its single capital source, allows it to serve as long-term, constructive partners to management teams and tailor support to meet the unique needs of every Highview-backed company.
 
Evergreen Pacific Partners, which manages two private equity funds totaling $700 million, invests in traditional buyouts, management led buyouts, and growth equity investments involving traditional middle-market companies in the Western U.S. and Canada.  Its investors include foundations, endowments, pension funds and West Coast-based CEOs with experience in Evergreen's target industries.  
 
Media Contact
John Williams, Scoville PR
206-660-5503, jwilliams@scovillepr.com
 

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