Entrepreneurial Equity Partners Acquires Bil-Jac Foods

Entrepreneurial Equity Partners Acquires MBC Companies from Encore Consumer Capital

July 13, 2023

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has acquired MBC Companies, a McDonald, Tennessee-based frozen breakfast manufacturer and distributor, from Encore Consumer Capital. Financial terms were not disclosed; e2p said it will partner with MBC's existing management to expand manufacturing capabilities, product innovation and channel growth across retail and foodservice.

Entrepreneurial Equity Partners Acquires Kronos Foods Corp

February 12, 2020

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has acquired Kronos Foods Corp from Grey Mountain Partners. Kronos, headquartered in Glendale Heights, Illinois, is a producer of Mediterranean and international prepared foods — including gyro meats, plant-based proteins and bakery products — and will serve as a new platform to expand product capabilities and foodservice distribution; financial terms were not disclosed.

Entrepreneurial Equity Partners Invests in Ya YA Foods Corporation

March 2, 2021

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has made a growth investment in Ya YA Foods Corporation, a Toronto-based contract manufacturer of aseptic and hot-fill food and beverage products. The Abbas Al-Ali family will retain a significant ownership stake and Duff & Phelps Securities Canada served as financial advisor to Ya YA Foods. Financial terms were not disclosed.

Entrepreneurial Equity Partners Invests in Organic Milling

December 20, 2021

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has made a control-oriented investment in Organic Milling Inc., a San Dimas, California contract manufacturer of organic cereals, granolas, snacks and ingredients. Financial terms were not disclosed; e2p said the partnership will support customer and geographic expansion and broaden product offerings.

Entrepreneurial Equity Partners Invests in Salm Partners

December 1, 2020

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has made a growth investment in Salm Partners, the largest U.S. contract manufacturer of fully cooked sausages and premium hot dogs. The Salm family remains a significant shareholder; financial terms were not disclosed. The investment will support Salm's next stage of growth and investments in additional technology and capabilities.

Entrepreneurial Equity Partners and Mubadala Capital Invest in Mercer Foods and Thrive Freeze Dry

January 13, 2022

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) and Mubadala Capital Private Equity have completed an investment in Mercer Foods and Thrive (Thrive Freeze Dry), combining the two businesses to create a North American market leader in freeze-dried products. Mercer, founded in 1980 and headquartered in Modesto, California, is a leading provider of freeze-dried fruit and vegetable ingredients; Thrive, founded in 2004, is a manufacturer of freeze-dried proteins, pet treats, probiotics, enzymes and prepared meals. Graham Partners is mentioned as the seller of Mercer; financial terms were not disclosed.