Announced
Completed
Financials
Sources
Tags
Majority
Friendly
ready-to-eat proteins
mediterranean foods
Private Equity
Acquisition
United States
Food Products
Completed
bakery products
Private
Single Bidder
Domestic
Synopsis
Entrepreneurial Equity Partners, a Chicago-based private equity firm, completed the acquisition of Kronos Foods, a provider of global cuisine, including authentic Mediterranean foods, ready-to-eat proteins, plant-based proteins, and value-added bakery products, from Grey Mountain Partners, private equity firm. “We are excited to add Kronos Foods to our portfolio. The company’s vast array of products and dynamic ability to serve customers with limited-time offerings developed by its in-house R&D team have positioned the company well to capture on-trend demand for global cuisine and protein-based foods. We are excited to leverage our extensive network and experience in the food sector to help Kronos introduce additional new products and capabilities that meet customer interests and further drive growth,” Mark Burgett, Entrepreneurial Equity Partners Managing Partner.
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