Agriculture-focused investment firm Arable Capital Partners has invested in Los Angeles-based Pacific Trellis Fruit/Dulcinea.
Pacific Trellis Fruit, founded in 1999, is a year-round grower, importer and marketer of fresh fruits, including melons under the Dulcinea brand, table grapes, citrus, cherries, stone fruit and other items. Terms of the investment were not disclosed in a news release about the investment.
“It’s an exciting time at Pacific Trellis Fruit as we welcome Arable as our new partner,” David Sullivan, co-founder and active owner in Pacific Trellis Fruit, said in the release. “Not only do they bring a wealth of experience, but they will also help open the door to new possibilities in the future.”
Pacific Trellis Fruit at the same time named Josh Leichter as CEO, according to the release. Leichter, a produce industry veteran of 25 years, was most recently the general manager of Pacific Trellis.
In his new role, Leichter will be responsible for establishing the company’s short and long-term growth strategy and execution, according to the release.
“Pacific Trellis Fruit has become a leading company in the industry due to the solid team we have in place in addition to strong grower partnerships, customer relationships and the Dulcinea brand,” Leichter said in the release. “I look forward to helping the company deliver continued success and leading the people who have helped make Pacific Trellis Fruit what it is today.”
“Being one of North America’s top year-round importers, growers and marketers of premium fresh fruit made Pacific Trellis Fruit an attractive company for us to partner with,” Derek Yurosek, managing director of Arable Capital Partners, said in the release. “Pacific Trellis Fruit is poised to do big things, and we plan on leveraging our tenure and experience in the industry to help them deliver.”
