Snack Alliance
Snack Alliance produced potato chips, tortilla chips, extruded products, popcorn and the riceworks® brand of snacks. At the time of sale the company had manufacturing operations in Hermiston, Oregon and Bristol, Virginia. Shearer’s Foods, Inc., a leading producer and distributor of high-quality branded, contract-pack and private-label seasoned snack foods, acquired Snack Alliance in March 2010. John Frostad, former CEO of Snack Alliance, joined Shearer's as Vice Chairman of Shearer’s and President of its Canadian operations.
INVESTMENT SNAP SHOT
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Date of initial investmentNovember 2004Date of exitJuly 2010Investment return: Cash Multiple3.9x
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