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Announced

AUA Private Equity Partners and Avance Investment Management to invest in Tropical Cheese.

Synopsis

Investment firms AUA Private Equity Partners and Avance Investment Management agreed to invest in Tropical Cheese, a Hispanic food company in the US. Financial terms were not disclosed. "My family and I were looking for a partner that could notonly support Tropical Cheese's future growth but, importantly, preserve our strong brand and family legacy. AUA and Avance both bring significant investing experience in food companies, family businesses and the Hispanic market, and we look forward to benefitting from their expertise in our next chapter of growth," Rafael Mendez, Tropical Cheese Founder.

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