We represented Advance Food Company, Inc. and Advance Brands, LLC in a merger with Pierre Foods, Inc. The combined company was called AdvancePierre Foods and created a leading supplier of value-added protein and handheld convenience food products to the foodservice, school, retail, club, vending and convenience store channels. The value of the transaction was not disclosed.
We assisted with several aspects of the merger, including several key executive compensation and qualified plan matters.
Founded in 1973, Advance Food Company started by providing hamburger patties and breaded beef to local grocers and restaurants in Oklahoma.