Bellevue WA – Arable Capital Partners (“Arable”), a leader in food and agribusiness investing, and Alpine Pacific Capital (“Alpine”) have completed the sale of Fresh Innovations California (“Fresh Innovations” or “the Company”) to Peterson Farms.  

Arable partnered with Alpine to acquire Fresh Innovations in March 2018 and the assets of Farmington Fresh in June 2018 to create the leading sliced apple provider to K-12 schools in the Western U.S.  The sale of Fresh Innovations to Peterson Farms will allow both companies to bolster their fresh-cut processing and distribution capabilities for customers throughout the U.S.  “We have enjoyed partnering with the Fresh Innovations team over the last five years and are now excited about this as the right opportunity for the Company going forward,” said Greg Richards, Managing Director of Arable Capital Partners.

The sale marks the first exit by Arable since its formation in 2017.  “This combination of Fresh Innovations with Peterson Farms makes tremendous sense for both businesses and we are pleased we were able to execute this transaction for the Company,” added Derek Yurosek, Managing Director of Arable Capital Partners. 

About Arable Capital Partners

Arable Capital Partners is a leader in food and agribusiness investing and partners with businesses and owners across the food value chain.  Arable currently has over $550 million in assets under management and four platform investments, including BlazerWilkinsonGee , Laurel Ag & Water, Pacific Trellis Fruit, and Royal Ridge Fruits.  For further information, please visit Arable Capital Partners.

Media and Investor Inquiries
Laura Wachter
laura@arablecp.com