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April 15, 2021
Rainier Partners has acquired Calpine Containers and its subsidiaries in partnership with members of the Calpine's management team. Headquartered in Clovis, California, Calpine is one of the largest West Coast packaging distributors serving the agriculture industry. Calpine's employees have retained an ownership interest in the company alongside Rainier, and it will continue to be managed by Walt Tindell, Ken Sommers (CFO), and Eva Hammond (CAO). Founded in 2020 and based in Seattle, Rainier Partners is a private equity firm that invests in lower middle-market businesses, primarily in the Western United States and Canada.
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