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Wedbush Capital backs first bolt-on for Passport Food Group

10 Dec 2012

US lower mid-market firm Wedbush Capital Partners has backed Passport Food Group’s acquisition of Golden Pheasant Foods, making it one of the largest manufacturers and distributors of Asian food products on the US west coast.

Wedbush Capital backed the MBO of Passport in February 2012

Founded in the 1940s, Golden Pheasant Foods manufactures and distributes Asian noodles, wrap products and other goods, serving the foodservice industries in the Pacific Northwest region.

“Dave Abrams and his team are doing a great job,” said Geoff Bland, managing director of Wedbush Capital Partners. “We will continue to build Passport Food Group both organically as well as through acquisition.”

Wedbush Capital is an affiliate of Wedbush Securities, founded in 1955 and one of the largest investment banks and brokerage firms in the western US.

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