Quirch Foods Expands Into Southern California with New Distribution Facility
Portfolio | Mar 25, 2025 | Palladium Equity Partners LLC
Quirch Foods, backed by Palladium Equity Partners, has expanded its operations by opening a substantial new food distribution facility in Los Angeles, California. This move, part of a broader strategy to extend its national footprint, allows Quirch Foods to penetrate the Southern California market, known for its diverse and sizeable consumer base. The company, which has steadily grown through strategic acquisitions, aims to leverage this geographic expansion to enhance its service offerings and accelerate growth. Key products distributed by Quirch include brands like Chiquita Brands frozen fruits and Certified Angus Beef. Palladium's involvement has been pivotal in this expansion, marking the fifth transaction since its investment in Quirch Foods in 2018. Palladium focuses on the U.S. Hispanic market and aims to facilitate growth for mid-market companies through strategic M&A opportunities.
Sectors
- Food Distribution
- Private Equity
Geography
- United States – Both Quirch Foods and Palladium Equity Partners operate primarily in the United States, focusing their business activities and investments here.
- California – The newly established distribution facility by Quirch Foods is in Los Angeles, California, a strategic location for reaching the Southern Californian market.
- Florida – Quirch Foods is headquartered in Coral Gables, Florida, and has operations extending from this base.
Industry
- Food Distribution – Quirch Foods operates in the food distribution sector, serving various retailers and foodservice providers across multiple regions.
- Private Equity – Palladium Equity Partners is a private equity firm that invests in middle-market companies, facilitating expansions and growth through strategic transactions.
Financials
- 3 billion – Palladium Equity Partners' assets under management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Quirch Foods, LLC | Target Company | Company | A food distribution company servicing a wide range of clients across the Americas, known for its distribution of several exclusive brands. |
| Palladium Equity Partners, LLC | Private Equity Firm | Company | A private equity firm focusing on investing in middle-market companies, particularly those within the U.S. Hispanic market. |
| Chiquita Brands, Panamei Seafood, High River Angus, Kikiriquirch, Mambo Foods, Certified Angus Beef | Products/Brands | Other | These are the key brands distributed by Quirch Foods. |
| Frank Grande | CEO of Quirch Foods | Person | Leading the strategic growth initiative at Quirch Foods. |
| Chris Allen | Partner at Palladium | Person | Responsible for overseeing the investment strategy at Palladium. |
| Jonathan Leavy | Operations Manager of Quirch Foods Southern California | Person | Managing operations at the newly established Los Angeles facility. |
| Daniel Ilundain | President of Palladium | Person | Oversees Palladium's operations and strategic goals, including investments. |