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Tricor Pacific Capital and Founders Group of Food Companies are pleased to announce two significant investments in the specialty protein space. 


Earlier this week, Founders’ portfolio company, Armand Agra, acquired Seattle Fish Company, a specialty seafood processor and distributor. Based in Denver, Colorado, Seattle Fish Company was founded over 100 years ago and, today, is the largest fresh seafood supplier in the Rocky Mountain region, distributing over 2,800 products and serving over 1,200 customers in eight states. We are excited to back Derek Figueroa, continuing President of Seattle Fish Company, and his leadership team as the business enters its second century.

Last month, Founders completed an equity investment in Walt’s Wholesale Meats, a custom meat processor based in Woodland, Washington. Founded in 1961, Walt’s specializes in harvesting and processing grass-fed natural and organic cattle, as well as butchering various beef cuts sold through grocery retail, quick service and co-manufacturing channels. We are thrilled to partner with Jay Houser, entrepreneur, owner and continuing President of Walt’s, and his leadership team in the next generation of the company’s growth.  

These two investments will become part of the Founders investment platform Purewater Foods, which now encompasses:

  • Seven operating companies, including Armand Agra (Sierra Meat & Seafood, Flocchini Family Provisions, MacDonald Meat Company, and Seattle Fish Company); Walt’s Wholesale Meats; and Presteve (including La Nassa Foods);
  • Operations across Nevada, Washington, Colorado, and Ontario, with sales throughout the U.S., Canada and parts of Asia into food service, retail, quick service, and ingredient channels; and
  • Over 800 employees engaged in harvesting, processing and distributing over 100 million lbs. of product annually, with a focus on specialty meat and specialty seafood.


At Tricor, we think about ourselves as being in the business of building winning partnerships and are thrilled to continue building Founders, our longstanding venture with Richard Harris (Saville House Holdings), together with the Flocchini Family (the founders of Armand Agra) and Kensington Capital. Please see the attached press releases for more detail on each investment. We look forward to connecting again soon.

Shawn Lewis CEO


Seattle Fish Announcement
Walt's Announcement
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