Private equity firm Trivest Partners has completed its investment in Wise Co. Inc., which supplies freeze-dried and dehydrated food products for the emergency preparedness and outdoor markets. Terms were not disclosed.
The Sandy, Utah-based company’s products include entrees, breakfast items, fruits, vegetables, soups, meats and sauces.
Wise is the 11th investment from Trivest Fund IV, which has $325 million in committed capital. The firm, headquartered in Coral Gables, Fla., owns DirectBuy, Ellery Homestyles LLC and AM Conservation Group Inc.
For more on Trivest’s strategy, see “Standing Out in a Private Equity Crowd.”