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Peterson Partners Completes Successful Exit of Winder Farms

• Existing Owners of Former Peterson Portfolio Company Winder Farms Purchase Firm’s Entire Equity Ownership
• Deals Demonstrate Firm’s Ongoing Dynamism, Solidity During a Sustained Global Financial Downturn in the Investment Sector

SALT LAKE CITY (June 22, 2011) – Peterson Partners today announced that the firm has closed a successful exit of its investment in Winder Farms. Existing owners in the company purchased the entirety of Peterson’s equity interest.  

“We are delighted with the successful completion of the sale of our investment in Winder Farms,” said Dan Peterson, managing partner of Peterson Partners. “The transaction represents a significant win for our firm, the companies and acquiring investors alike.”  

Winder Farms, based in West Valley City, Utah, is a respected online grocer that provides dairy, produce, pasta, meats and other food products to households and retailers in Utah and Nevada. Peterson Partners made an initial investment in Winder Farms in September 2004, with follow-on investments in June 2005, and 2007, to fuel the company’s expansion to the Las Vegas market.

The Winder Farms transaction was completed on June 6, 2011. Specific monetary and equity terms of the deal were not disclosed.

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About Peterson Partners
Peterson Partners, based in Salt Lake City, Utah, is one of the Intermountain West’s most successful private equity firms. Specializing in small to mid-sized companies, Peterson Partners has a track record of successful investments including JetBlue, Making Memories, EnergySolutions, 3form, Cranium, Asurion, Instashred, Winder Farms and Diamond Rental. Founded in 1995, Peterson Partners has managed over $350 million in committed capital through six funds. For more information, visit www.petersonpartnerslp.com.