A Foley Hoag team provided legal counsel to Pacific General, an investment firm specializing in consumer and industrial sector private equity investments, in a strategic investment in Old World Provisions, Inc. Pacific General led the transaction and formed a consortium with S Food Inc., a leading South Korean food manufacturer focused on value-added meat products and high-quality food ingredients, which will serve as a strategic growth partner to Old World Provisions.
The partnership will support Old World Provisions' continued growth, both within the U.S. and in select international markets, and investments in product innovation, technology and operations, including the selective introduction of Korean-inspired, value-added offerings tailored to the U.S. market.
The Foley Hoag team supporting Pacific General was led by Jeongseok Jay Yu and Tom Draper, and included Eliana Sanchez, Emily Cain and Alex Camp.
Find out more about the deal here.