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Ravinia Capital Tapped to Lead Triple Sticks Foods Through Chapter 11 Sale

Following a recent bankruptcy filing, the Illinois-based frozen food manufacturer has retained Ravinia Capital to secure a stalking-horse bidder and navigate an accelerated going-concern sale aimed at preserving jobs and maximizing stakeholder value.

byRita Garwood
April 21, 2026
in News

Ravinia Capital has been retained as investment banker to Triple Sticks Foods, a Belleville, IL-based frozen food contract manufacturer that filed for Chapter 11 protection on April 16, 2026, in the U.S. Bankruptcy Court for the Southern District of Illinois.

Ravinia ran a prepetition marketing process and is in advanced discussions with a potential stalking-horse bidder to support a going-concern sale that preserves jobs and stakeholder value.

The engagement extends Ravinia’s track record in complex middle-market food and beverage transactions on accelerated timelines.

Triple Sticks reports $1 million to $10 million in assets and $10 million to $50 million in liabilities.

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