Testa Produce Joins FreshEdge
Combination expands FreshEdge’s presence in the Midwest
Chicago, Ill. – FreshEdge, a super-regional distributor of fresh food solutions backed by Wind Point Partners (“Wind Point”), acquired Testa Produce (“Testa”), a produce and specialty food distribution business headquartered in Chicago, Illinois. For over 110 years, Testa Produce and the Testa family have been serving customers in Illinois, Wisconsin and Indiana distributing fresh fruits and vegetables, including an array of fresh-cut offerings, dairy, meats, seafoods, specialty foods and more. Testa Produce is LEED Platinum Certified and operates out of a state-of-the-art 91,300 square foot facility that features the most up to date green technologies to utilize energy generation and water conservation.
The acquisition enhances FreshEdge’s presence in the Midwest and provides additional capacity and product options to better serve its combined customer base. Testa Produce joins a growing family of brands that includes Piazza Produce & Specialty Foods, Indianapolis Fruit, Get Fresh Produce, City Produce, McCartney Produce, Monteverde’s, Valley Produce, Vine Line, Garden Cut, CIBUS Fresh and Papania’s.
“We welcome Peter Testa and his impressive team to the FreshEdge family of companies,” noted Steve Grinstead, CEO of FreshEdge. “Testa Produce will be a great addition to our expanding group of ‘best in class’ fresh food distribution companies.”
“We are thrilled for Testa to join FreshEdge,” stated Greg Corsaro, President and COO of FreshEdge. “We look forward to working together with all of the great people at Testa to continue to provide unprecedented service to all FreshEdge customers.”
“Our Testa Produce team is excited to join the FreshEdge family,” said Peter Testa, President of Testa Produce. “We look forward to this new era of opportunity and growth for Testa.”
Joe Lawler, Managing Director with Wind Point Partners, added, “Testa is a great strategic acquisition that further enhances FreshEdge’s product offering and complements FreshEdge’s Midwest presence. Acquisitions are a key focal point of the value creation plan for FreshEdge, and we are excited to support the M&A program alongside management.”
Wind Point Partners acquired FreshEdge in October 2022 in partnership with CEO Steve Grinstead and President & COO, Greg Corsaro, two veterans in the fresh produce distribution space. This acquisition represents the first acquisition under Wind Point’s ownership. FreshEdge’s acquisition strategy will continue to focus on acquiring fresh food distribution companies with high quality produce and specialty food products along with exceptional service and a strong brand reputation. Geographically, FreshEdge is focused on both new and existing geographies, including the Midwest, Southeast and Southwest U.S.