Riverside’s private equity portfolio

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London's Dairy Farm

London's Dairy Farm was one of the four largest processors of milk and ice cream in Michigan. The company was sold in to Broughton Foods, a Midwest-based dairy.

Exit Summary: 2.6x gross cash-on-cash; 34% gross IRR

Acquired:
July 1992
Exited:
May 1998
Industry:
Consumer Products , ,
Region:
North America
Location:
Port Huron, Michigan
Fund:
Riverside Capital Appreciation Fund ( Pre-95 )