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Stock impact report

Trivest Partners Announces Sale of Young American Food Brands (Miami Beef) [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
family-owned businesses, today announced the successful sale of Miami Beef, now operating as Young American Food Brands ("YAFB" or the "Company"), to Falfurrias Management Partners, a private equity firm focused on growth-oriented middle-market businesses. YAFB was founded in 1972 by Michael Young. Now led by his sons, the Company has grown into a diversified protein platform serving retail and foodservice customers nationwide. Trivest partnered with the Young family in early 2022 through the Trivest Growth Investment Fund ("TGIF"), a non-control fund focused on accelerating growth while allowing founders to keep operational and economic control of their businesses. During Trivest's partnership, YAFB experienced significant expansion across its product portfolio and geographic footprint through organic growth and four strategic add-on acquisitions. Jamie Elias, Managing Partner of the Trivest Growth Investment Fund, said, "We are proud to have partnered with the Young family durin Show less Read more
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