LOS ANGELES and NEW YORK - April 20, 2011 – Annex Capital Management ("Annex") has completed its acquisition of a leading Hispanic and ethnic foods distributor. The Company is a leading distributor of refrigerated and frozen meats to Hispanic grocery stores and bodegas. Based in Southern California, the Company serves approximately 2,000 individual retail stores in Southern and Central California. Hadley Partners acted as financial adviser to Annex in connection with the financing of the transaction.
This financing marks the fourth transaction that Hadley Partners has completed in the U.S. Hispanic foods industry. "Hispanics are the fastest growing segment of the U.S. population, comprising 16% of the total according to the latest Census figures" said Pedro Garcia, a Managing Director of Hadley Partners. "The retail base serving this market is expanding rapidly, as well as the supply chain infrastructure that supports it."
About Hadley Partners, Inc.(www.hadleypartners.com)
Founded in 1999, Hadley Partners provides the highest-quality merger & acquisition advisory, private placement and financial advisory services. We have a world-class team of veteran bankers that bring Wall Street experience to privately owned companies. Hadley Partners is a registered broker-dealer, and a member of the Financial Industry Regulatory Authority. For more information on this transaction please contact:
(310) 640-7090 firstname.lastname@example.org
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