Announced
Completed
Financials
Tags
frozen deserts
United States
Food Products
Acquisition
Minority
Private Equity
Completed
Private
Single Bidder
Domestic
Friendly
Synopsis
Altamont Capital Partners, a private investment firm, completed the investment in Mini Melts, a brand in premium, beaded, single- and bulk-serve frozen novelty products. Financial terms were not disclosed. "Mini Melts has established itself as a leader in frozen novelties. The brand's products are some of the highest selling single-serve products in on-the-go locations today. We believe the beaded ice cream category has expandable growth potential. Mini Melts brings moments of joy to life with a product that's quite simply delicious. We are excited to invest in the brand and bring Mini Melts into more consumers' hands while fostering new and exciting innovation in the future," Kabir Mundkur, Altamont Principal.
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