MAY 20, 2025 – Yellow Point Equity Partners V LP (“Fund V” or the “Fund”) is pleased to announce the successful sale of its equity interest in Fresh Prep Foods Inc. (“Fresh Prep” or the “Company”) to a North American growth equity investor.
Fresh Prep, headquartered in Vancouver, is a leading Canadian meal kit provider known for its sustainability-focused approach and award-winning zero-waste packaging. Since Fund V’s investment in 2021, Fresh Prep has significantly expanded its geographic footprint, including successful entry into the Alberta market and the completion of a strategic acquisition in Quebec. These milestones reflect the Company’s strong execution and vision for becoming a national leader in sustainable meal solutions.
“We are excited for Fresh Prep’s new partner to take the business to the next level,” said Dave Chapman, Managing Partner at Yellow Point. “The team has built an exceptional platform focused on innovation and customer experience, and we are proud to have supported their growth across Canada.”
ABOUT YELLOW POINT
Yellow Point Equity Partners has been actively helping its management partners build better businesses for over 20 years. The firm invests in outstanding management teams of later-stage growth companies based primarily in Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies. Yellow Point’s approach is supportive, hands-off with respect to day-to-day operations, and active when it comes to strategic decisions and board work.
For more information, please contact us or visit www.ypoint.ca.
Dave Chapman
604-659-1894
David Phillips
604-659-1874