Private equity firm High Street Capital has acquired a controlling interest in Open Range Beef, a niche provider of beef processing services, focused on serving the Certified Organic, grass-fed, antibiotic-free, toll processing and other niche markets.
Open Range Beef focuses on food safety, employee safety, quality processes, humane animal handling practices and traceability, as evidenced by its certifications from Oregon Tilth and Safe Quality Foods, among others.
The acquisition is High Street’s eighth platform investment for Fund IV.
Andrew Simmons, an HSC Principal, says: “Under the ownership of Jill Noetzelman, Pat Shudak and Tim Donmoyer, Open Range Beef developed an outstanding record for producing Certified Organic beef. High Street Capital is excited to partner with Open Range Beef to continue this tradition and to expand production so that the Company can continue to serve the growing niches of Certified Organic and grass-fed beef.”
