Entrepreneurial Equity Partners Acquires MBC Companies from Encore Consumer Capital

MBC Companies Acquires Alpha Foods

September 11, 2025

Food & Beverage

MBC Companies, a portfolio company of Entrepreneurial Equity Partners (e2p), has acquired Alpha Foods, a family-owned frozen pizza manufacturer based in Waller, Texas. The deal adds Alpha's purpose-built 115,000 sq. ft. facility to MBC's footprint, expanding manufacturing capacity and pizza capabilities to better serve K-12, retail grocery and foodservice customers; terms were not disclosed.

Encore Consumer Capital Invests in Murry's, Inc.

November 14, 2019

Food & Beverage

San Francisco-based private equity firm Encore Consumer Capital completed an investment in Murry's, Inc., a family-owned frozen French toast manufacturer based in Greenbelt, Maryland. The partnership will support Murry's next phase of growth, leveraging Encore's experience in consumer packaged foods and private-label channels.

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.

MBC Companies Acquires Nardone Brothers Baking Co.

January 8, 2025

Food & Beverage

MBC Companies, a portfolio company of Entrepreneurial Equity Partners (e2p), has acquired Nardone Brothers Baking Co., a family-owned frozen pizza manufacturer based in Wilkes-Barre, Pennsylvania. The add-on expands MBC's product portfolio beyond frozen breakfast into pizza, increases manufacturing capacity to three facilities, and creates cross-selling opportunities across K-12, private label retail, convenience store and foodservice channels.

Entrepreneurial Equity Partners Acquires Bil-Jac Foods

January 28, 2025

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has made an investment in Bil-Jac Foods in partnership with Ray Kelly; financial terms were not disclosed. Ron Coughlin (former Petco CEO) joined Bil-Jac's board as Executive Chairman and an investor, and Lincoln International served as exclusive financial advisor to Bil-Jac.

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.