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Wind Point invests in California-based frozen novelty producer

Private equity firm Wind Point Advisors LLC, also known as Wind Point Partners, invested in Tropicale Foods Inc., which makes frozen novelty products under the Helados Mexico brand.

Tropicale's founders will remain involved in the operation, and José Luis Prado will chair the company's board. He was previously CEO of Evans Food Group Ltd.

Winston & Strawn LLP was legal counsel to Wind Point, while NPW LLP was legal counsel to Tropicale. FocalPoint Partners LLC provided transaction advisory services to Tropicale.