Beef Producer, Packaged Meats Company Announce Merger

Officials said Grass Fed Foods becomes one of the nation’s largest grass-fed beef platforms.

I Stock 1046745538

BOULDER, Colo. — Sunrise Strategic Partners on Thursday announced the combination of Teton Waters Ranch and SunFed Ranch to form Grass Fed Foods LLC, one of the nation’s largest grass-fed beef platforms.

SSP has been a lead investor in TWR, a purveyor of packaged meats made with grass fed, humanely raised beef, since 2016, shortly after SSP was established in partnership with Trilantic North America. SunFed Ranch is a leader in domestic grass fed beef, offering boxed beef and case-ready options for steaks, grinds, patties, and other value-added fresh cuts.

“We’re big supporters of grass fed beef and very pleased with the new Grass Fed Foods platform. Grass fed beef emphasizes products that are better for you, better for the planet, better for the cattle and the ranchers who raise them,” said Steve Hughes, co-founder of SSP. “It’s an exciting time for the industry and we look forward to what’s ahead.”

Bringing SunFed Ranch and TWR together into one organization, the Grass Fed Foods platform creates one of the most comprehensive and convenient grass-fed solution for retail and foodservice customers in the U.S., allowing customers to fulfill their grass-fed orders with one company.

“For Grass Fed Foods, having SunFed Ranch and Teton Waters Ranch joined under one comprehensive grass fed beef platform is the first step in providing grocers and foodservice customers with access to a convenient, turnkey solution for grass fed beef products in the U.S.,” said Jeff Tripician, president and CEO of Grass Fed Foods.

“The combination of Teton Waters Ranch and SunFed Ranch is very exciting, especially as we see more consumers seeking out grass fed beef. We look forward to continuing to work with Trip and team to develop what we believe will be a leading industry platform,” said Vincent Love, co-founder and managing partner of SSP.

In addition to TWR, SSP’s other investments to date include Kodiak Cakes, where they helped drive revenue from $15 million in sales to over $200 million and facilitated a successful sale to L Catterton; Vital Farms, which completed its IPO in 2020; CoolHaus; Pact; and Maple Hill Creamery.

More in Consumer Trends