Discovering Peterson African Market: A Phoenix Gem

Located in the vibrant city of Phoenix, AZ, Peterson African Market stands out as a treasure trove of authentic African goods.

Image of a typical African Market

Stepping into Peterson African Market is like embarking on a sensory journey through the sights, sounds, and aromas of Africa.

The shelves are adorned with an array of spices, teas, and snacks, while the air is filled with the warm scents of shea butter and incense.

Whether you're searching for a unique gift or simply looking to immerse yourself in African culture, this market provides a captivating experience for all who walk through its doors.

Peterson Farms is excited to add Fresh Innovations California, LLC to the Peterson Farms family of companies,” Aaron Peterson, Peterson Farms’ CEO, said in the release.

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Fresh Innovations strongly emphasizes giving their customers the best experience with their products and services, which aligns with the Peterson Farms’ mission statement.

Founded in 1984 by Earl and Linda Peterson, Peterson Farms is a leading North American fruit processing firm.

It processes four core commodities: apples, tart and sweet cherries and blueberries.

The addition provides Peterson Farms a strategic expansion of fresh-cut processing capabilities to West Coast customers, according to the release.

Fresh Innovations California, LLC, based in Stockton, California, specializes in organic and conventional fresh-cut apple slices.

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It ships under the brand Prize Slice, supplying schools and retail throughout the U.

The Shelby, Michigan, based fruit processing company publicized the addition to the Peterson Farms family of companies in a Dec.

NEW YORK, April 14, 2016 /PRNewswire/ -- Arsenal Capital Partners (Arsenal), a leading New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies, announced today a majority investment in Peterson Chemical Technology (Peterson Chemical).

Headquartered in Fort Smith, Arkansas, Peterson Chemical is a unique, global technology company specializing in pioneering polyurethane foam products through additives, specialty polyols, systems, and applications development.

Peterson Chemical has been providing new technologies to multiple entities in various foam industries for over a decade.

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Bruce Peterson, President of Peterson Chemical will continue to oversee the company and drive its product development efforts.

"This transaction with Elite Comfort Solutions will enable Peterson Chemical to grow and expand its portfolio of technologies by accelerating investment in capacity, R&D capabilities and talent.

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"Peterson Chemical has been a leading innovator in the polyurethane foam sector.

We are delighted to support Bruce and his team with greater focus on future innovations.

Our intent is to commercialize new products more effectively around the world for the benefit of the bedding industry and the broader polyurethane market," added John Televantos, a Partner at Arsenal and Co-Head of the firm's Specialty Industrials Group.

Elite Comfort Solutions also announced the signing of a definitive agreement with Hickory Springs Manufacturing Company (HSM) to acquire certain of its foam production assets (HSM Foam).

The HSM Foam asset purchase is subject to customary closing conditions, and is expected to close early in the second quarter of 2016.

Through the combination of Pacific Urethanes, Elite Foam, and HSM Foam, Arsenal will have created a specialty foam manufacturing business serving both the bedding and home furnishings markets.

In addition to its Elite Comfort Solutions platform, Arsenal also has other active investments in the polyurethanes industry.

In 2012 Arsenal formed Accella Performance Materials (Accella), a leading manufacturer of custom formulated polyurethane systems.

Since its initial investment, Arsenal has supported Accella's significant growth through eight strategic acquisitions.

Today, Accella is one of the leading players in elastomers, tire fill, spray foam insulation, casting resins, surface and specialty coatings, and adhesives.

Arsenal targets businesses that have the potential for further value creation, and works closely with management to accelerate growth by leveraging the firm's industry focus and operational improvement capabilities.

Arsenal currently manages $2.6 billion of committed equity capital.

Before joining Blue Owl, Michael was the Head of Infrastructure and Security at Atalaya Capital Management, the predecessor firm to Blue Owl's Alternative Credit team.

Before joining Blue Owl, David was a Partner at Atalaya Capital Management, the predecessor firm to Blue Owl's Alternative Credit team, where he co-founded the Financial Assets team and co-led the firm's efforts in specialty finance.

Before joining Blue Owl, Ilan was a Senior Associate at Vector Capital, a technology-focused private equity fund based in San Francisco.

Before joining Blue Owl, Sandip was a Managing Director at Longitude Capital, a life sciences focused investment firm.

Before joining Blue Owl, Katie was a Director and Head of Portfolio Management at IPI Partners, the predecessor firm to Blue Owl's Digital Infrastructure strategy.

Before joining Blue Owl, Haitham was a senior member of the Middle East Institutional Client Business team at BlackRock; leading client strategy and engagement for the United Arab Emirates, Oman, and Bahrain.

Before joining Blue Owl, Frank was a Vice President at Blackstone focused on both the publicly traded company and head of retail funds tax.

Before joining Blue Owl, Matt was the Managing Partner and a Founder of IPI Partners, the predecessor firm to Blue Owl Digital Infrastructure.

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