Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Peapack Private Investment Banking Advises on the Sale of Randall Farms
Peapack-Gladstone Financial CorporationFebruary 10, 2021 GMT
Peapack Private Investment Banking
Peapack Private Investment Banking
Bedminster, NJ, Feb. 10, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and its investment banking division, Peapack Private Investment Banking, is pleased to announce its participation in the sale of its client, Randall Farms, (“Randall”), a preeminent processor of value-added protein products, to Highview Capital. Randall partners with leading grocery store chains on the west coast to provide all types of processed and value-added meats, including a variety of fresh prepared meals and marinated, ready-to-cook offerings. Randall has been family owned and operated since 1952 and prides itself on its superior customer service and high-quality fresh product offerings. This transaction will allow for continued growth and geographic expansion. Highview Capital LLC is a private equity fund headquartered in Los Angeles, CA. The financial terms of the deal were not disclosed. Peapack Private Investment Banking acted as the exclusive financial advisor to Randall Farms in this transaction.