Vestar Capital Partners Makes Majority Growth Investment in Dr. Praeger's Sensible Foods
January 21, 2021
Vestar Capital Partners has made a majority growth investment in Dr. Praeger's Sensible Foods, a family-founded maker of plant-based frozen and refrigerated foods. The Praeger and Somberg families will remain significant investors and the deal will support product innovation, distribution expansion and continued brand growth; terms were not disclosed.
- Buyers
- Vestar Capital Partners
- Targets
- Dr. Praeger's Sensible Foods
- Sellers
- Praeger family, Somberg family
- Industry
- Food & Beverage
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
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