February, 2020

Third Coast Capital Advisors served as exclusive financial advisor to Mr. Greens, a portfolio company of Shoreline Equity Partners, in its acquisition of Cawoods Produce. Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction. This transaction is a good example of our ability to identify and execute proprietary, strategic add-on acquisitions for private equity portfolio companies.  

Cawoods Produce, based in Austin, Texas, is a distributor of produce, dairy and specialty products serving a variety of clients in Austin, San Antonio and surrounding counties. 

Mr. Greens, based in Miami, Florida, is a distributor of produce serving over 1,500 customers including restaurants, hotels, country clubs, caterers and grocery stores as well as various export and retail clients. Since 2011, Mr. Greens has grown from six employees in a 3,000 square foot facility to over 270 employees across three facilities representing 125,000 square feet. With deliveries 365 days a year, 7 days a week, and multiple runs per day, Mr. Greens has set the gold standard for service.