Sequel Holdings Announces Acquisition of Mrs. Grissom's Salads By Chairmans Foods
Apr. 26, 2021
DALLAS, TX - Sequel Holdings announced that in April 2021, Chairmans Foods, a Sequel portfolio company since July 2017, acquired Mrs. Grissom’s Salads.
Mrs. Grissom’s Salads, based in Nashville, Tennessee, is a manufacturer and marketer of pimento cheese spreads and dips, and protein salads including tuna salad, ham salad, egg salad and chicken salad, sold in retail meat, dairy and deli departments. With its emphasis on cheese spreads and dips and protein salads, sold under the Mrs. Grissom’s and Grace’s Homestyle brands, Mrs. Grissom’s nicely complements Chairmans’ existing offerings.
Chairmans Foods, headquartered in Nashville, Tennessee, manufactures primarily fresh refrigerated food products to the retail and foodservice channels. The company’s primary products include (i) fresh, custom solutions for retailers, (ii) prepared entrees, soups, sauces and queso, and (iii) fresh, branded and private label protein salads and cheese dips and spreads.
“Mrs. Grissom’s is a valuable add-on for Chairmans,” said John Robinson, Chairman of the Board of Chairmans Foods. “They have a strong business with a loyal customer base, and they benefit from growing demand for fresh foods. This acquisition increases Chairmans’ grab-and-go product offerings, increases our exposure to on-trend products, and gives us the opportunity to build on Mrs. Grissom’s strong relationships with its growing customers. We are pleased to welcome them into the Chairmans family.”
About Sequel Holdings, L.P.
Sequel Holdings is a Dallas-based private equity firm founded in 2002. Sequel specializes in making control equity investments in profitable lower middle market businesses, focused primarily on the food and beverage industry, as well as select opportunities in the agribusiness, and plastics and specialty materials sectors.