Altamont Capital Partners has purchased Richard’s Cajun Foods and Blue Ribbon from Atlantic Premium Brands.
Richard’s Cajun Foods manufactures Louisiana-style products, such as smoked sausages and ready-to-eat meals.
Blue Ribbon is a southeast Texas bacon and sausage brand.
Altamont is also acquiring two factories, one in New Fraunfels, Texas, and the other in Church Point, La., through the deal.
Atlantic Premium, headquartered in Northbrook, Ill., also owns Carlton Foods Corp. and JCP Specialty Foods.
Palo Alto, Calif.-based Altamont has about $500 million in capital under management. In December, the firm picked up Tacala and Boom Foods, which both operate fast-food chains. Altamont’s other investments include J.D. Byrider, Cascade Windows and ModernHealth.
Ropes & Gray LLP represented Altamont on the deal.