Investing in the "hidden middle" to make the
food & ag supply chain stronger and more resilient.

How do we define the “hidden middle?”

While our reach extends from producer to plate, our investment focus is on the “hidden middle” of the supply chain.

Specialty Food & Agriculture

  • Protein
  • Specialty ingredients
  • Nutritional products
  • Fresh/healthy
  • Additives & flavorings
  • Infant/juvenile
  • Allergen-free
  • Clean label
  • Agtech

Manufacturing

  • Contract, private label & branded
  • Packaging
  • Food processing, service & packaging equipment
  • Machinery

Business Services

  • Alternative processing
  • Claims substantiation
  • Food safety
  • Food waste
  • Nutrition labeling
  • Product development
  • Regulatory consulting
  • Supply chain services
  • Specialty lab
  • IT & tech services

Our investment profile

Size

EBITDA between $1 to $20 million

“Flexible” Equity

Buyout or Long-term majority interest

Transaction Types

Founder/family-owned growth equity, recapitalizations,
corporate divestitures

Geography

North America

We look for business with:

A Unique, Technical Capability

We look for a proprietary process, product, or competency which if properly positioned could create a market leader.

A Growth Constraint

We identify growth constraints and assess how we might help address them to optimize long-term value.

Digitalization Potential

We look to assess, develop, and maximize a company’s digital capabilities to grow long-term value.

Identifying the right investment partner can be difficult.

Our Value Optimization & Stakeholder Alignment Guide can help you assess the right partner.