Gourmerica Invests in Dave's Gourmet
November 9, 2021
Gourmerica Inc. made an investment in and formed a strategic partnership with Dave's Gourmet LLC to accelerate the specialty food brand's growth and support future M&A activity. As part of the transaction, David Neuman joined Dave's Gourmet as President; 41 North LLC acted as financial advisor and Dominion Bank provided senior financing support.
- Buyers
- Gourmerica Inc.
- Targets
- Dave's Gourmet LLC
- Industry
- Food & Beverage
- Location
- Texas, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Arbor Investments Recapitalizes Dr. G's Creations
November 15, 2021
Food & Beverage
Arbor Investments has completed a recapitalization of food-ingredient supplier Dr. G's Creations, marking the third platform investment for Arbor Fund V. The partnership will provide capital and operational support to help Dr. G's scale production, add infrastructure and systems, and expand distribution to meet growing demand from large QSRs, casual-restaurant chains and food processors; terms were not disclosed.
-
Midwest Growth Partners Invests in French Gourmet, LLC
May 24, 2023
Food & Beverage
Midwest Growth Partners, a private equity firm based in West Des Moines, Iowa, has made a growth-capital investment in French Gourmet, LLC, a Sparks, Nevada-based manufacturer of artisanal frozen and pre-proofed pastries. The investment is positioned to support the company's next phase of growth and succession planning alongside founder Patrick Novak.
-
Quad-C Management Recapitalizes Village Gourmet
August 12, 2021
Food & Beverage
Quad-C Management completed a majority recapitalization of Village Gourmet, a producer of premium branded and private-label meats and snacking products, in partnership with the company's management team. The investment will support Village Gourmet’s organic growth and continued add-on acquisition strategy to scale its portfolio of specialty heritage brands and national distribution.
-
Tecum Capital Invests in DelGrosso Foods to Fund Manufacturing Expansion
July 6, 2021
Food & Beverage
Tecum Capital Partners II, L.P. has made a growth investment in DelGrosso Foods Inc., partnering with a banking syndicate led by First Commonwealth Bank to provide debt financing. The capital will fund conversion of a newly acquired 166,000 sq. ft. facility in Antis Township, Pennsylvania to expand sauce manufacturing capacity, preserving 90+ jobs at Tipton and creating more than 50 new manufacturing roles.
-
LongueVue Capital Invests Growth Capital in Global Gourmet Food Solutions
June 15, 2023
Food & Beverage
LongueVue Capital, a New Orleans-based growth equity firm, invested growth capital in Global Gourmet Food Solutions to support the company's continued expansion and production capacity growth. Global Gourmet, headquartered in Garland, Texas, is a manufacturer of specialty frozen ready-to-cook and ready-to-eat foods serving retail, food service, distribution, education, and institutional customers nationwide.
-
AUA-backed Gourmet Culinary Holdings Acquires Gourmet Foods
July 31, 2019
Food & Beverage
AUA Private Equity Partners, through its portfolio company Gourmet Culinary Holdings, has acquired Gourmet Foods, Inc., a family-owned manufacturer and distributor of specialty prepared foods serving airline, hospitality, restaurant, catering, retail and corporate campus customers. The deal is the third add-on for the Gourmet Culinary Holdings platform as AUA seeks to expand national footprint and product offerings while partnering with the existing management team.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.