Investment Boosts Growth for Soulshine Farms and Pearl River Foods
A recent investment by Kingswood Capital Management is poised to enhance the operational capabilities of poultry processor Soulshine Farms LLC and its partner, Pearl River Foods. Kingswood, a private equity firm based in Los Angeles, has confirmed the successful conclusion of this deal aimed at expanding its footprint in the ever-evolving protein sector.
About Soulshine Farms
Founded in 2018, Soulshine Farms specializes in value-added poultry processing services. These services encompass deboning, portioning, marination, packaging, and custom product sizing, catering to a diverse clientele in foodservice, retail, and distribution sectors. The company boasts three operational facilities situated in Gainesville, Georgia, and Carthage, Mississippi, collectively producing over 6 million pounds of poultry each week.
Leadership Transition
In conjunction with this investment, John Niemann, an operating partner at Kingswood with notable expertise in the protein industry, will take on the role of Chief Executive Officer. Crucially, the founders of Soulshine Farms — Michael Farmer, Eric Reeves, and Drew Hill — will continue to play vital roles as shareholders, ensuring continuity and leadership as they steer the business through this transitional phase.
Future Growth Prospects
This investment positions Soulshine Farms for an exciting trajectory of growth while reinforcing its commitment to product quality and customer service. With the support of Kingswood Capital Management, the company aims to further develop its operations amid an increasingly competitive global protein market.
As the poultry industry continues to evolve, Soulshine Farms is strategically aligning itself to not only meet but exceed market demands. The anticipated expansion plans are sure to make a significant impact in the protein sector, reflecting the growing importance of quality and service in this competitive landscape.
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