Frank Isernio founded Isernio’s Sausage Company in 1980 to produce fresh Italian sausage based on his family’s traditional recipes. Thirty-five years later the Company is the leading, premium quality fresh sausage brand in the US. Although remaining passionate about the business that carried his name, Frank was interested in reducing his day-to-day involvement to pursue other interests.
Zachary Scott had a long relationship with Frank and Isernio’s Sausage Company as an advisor on corporate finance and value related issues. That relationship logically transitioned into discussions about ownership strategy, which led to Frank asking us to help guide him through a transaction.
100% of the shares of Isernio Sausage Company were sold to Premium Brands; Inc. Headquartered in Vancouver, British Columbia Premium Brands is a publicly traded producer, marketer, and distributor of branded specialty food products. Isernio’s was acquired through Premium Brands’ US subsidiary, Hempler Food Group, Inc., which produces a variety of premium, smoked meat products.