Our transactions are most often with companies that are family-held or corporate divestitures. We most often invest in businesses where we have developed a relationship over multiple years. We usually seek control investments in order to clearly align objectives with management.
Charcuterie Artisans produces high-quality, innovative, specialty Italian charcuterie and meats. Charcuterie Artisans includes Daniele International (acquired by e2p in September 2019) and Creminelli Fine Meats (acquired by e2p in January 2020).
Daniele sells to club, mass, and grocery customers worldwide under the Daniele and Del Duca brands and offers private label products for well-known retailers. Creminelli's products are sold through high-end grocers and retailers.
e2p is working with the Charcuterie Artisans team to grow sales of branded products, introduce new products and new product formats (such as snack trays, snack packs, and minis), win new customers, invest in authentic and efficient production, and pursue strategic add-on acquisitions.
Roskam Baking Company is a contract manufacturer of frozen breakfast foods, snacks, bulk dry baking mixes, granola, candy, frozen pizza dough, and many other categories of bakery and bakery-adjacent products. The platform includes Organic Milling (acquired by e2p in November 2021) and Roskam Baking Company (acquired by e2p in July 2022.)
The Partners at e2p have known the Roskam family for over 20 years. The company is an experienced manufacturer with a 100-year legacy of quality and reliability, supporting many of America’s most iconic food brands and companies.
e2p will work with the Roskam team to drive growth through strategic initiatives and expand the company’s capabilities and geographic reach with transformative acquisitions.
Salm Partners is an experienced and well-known contract manufacturer of fully cooked sausages and premium hot dogs in the United States. Founded in 2004, Salm utilizes a differentiated co-extrusion, cook-in-package manufacturing process that produces better tasting, clean label products with extended shelf lives and a lower cost relative to other conventional methods. The products are sold to a blue-chip customer base that includes leading national brands.
e2p invested in Salm Partners in November 2020 alongside the Salm family, whom the Partners at e2p have known for over 15 years. e2p will work with the Salm team to grow sales with both existing and new customers, enter adjacent protein categories, and complete strategic acquisitions.
Sara Lee Frozen Bakery (“SLFB”) is a leading provider of frozen bakery goods. SLFB’s broad product offering includes pies, cakes, and other desserts and specialty breads that are sold through both foodservice and retail channels.
e2p, in partnership with Kohlberg & Co., acquired Sara Lee Frozen Bakery in a carve-out transaction from Sara Lee in 2018. e2p will work with the SLFB team to leverage the reputation and brand recognition of SLFB’s products to add new customer relationships, expand distribution, and develop and launch new products.
Sara Lee Frozen Bakery is led by CEO Craig Bahner, who joined at the close of the transaction. Craig was previously President of Kellogg’s US Morning Foods Division.
Mercer Foods is a provider of natural freeze-dried fruits and vegetables. The company’s clean-label offerings have broad applications across the food service, CPG, and retail channels. Thrive Foods is a manufacturer of freeze-dried proteins, pet treats, probiotics, enzymes, and prepared meals. The combination of the two businesses creates an experienced and established North American market contender in freeze-dried products.
e2p invested in Mercer and Thrive Foods in December 2021 alongside Mubadala Capital Private Equity. e2p and Mubadala are working with the Mercer and Thrive teams to introduce dynamic new offerings, expand sales of existing products, leverage complementary expertise to improve capabilities, and complete add-on acquisitions.
World Food Holdings is a provider of authentic Mediterranean protein, bakery, and sauce products sold through Kronos Foods Corp. (acquired by e2p in February 2020) and Grecian Delight Foods (merged with Kronos to form World Food Holdings in April 2020).
Grecian Delight provides authentic gyros and specialty meats, pitas and flatbreads, tzatziki, hummus and specialty dips/spreads, falafel, and plant-based proteins. Kronos Foods provides ready-to-eat proteins, plant-based proteins, and value-added bakery products.
e2p is working with the World Foods team to introduce dynamic new offerings, expand sales of existing products, leverage complementary strengths and expertise to improve capabilities, and complete add-on acquisitions.
Ya YA Foods is a North American experienced and capable co-packer of aseptic food and beverage products, including plant-based and high protein beverages, specialty milk and dairy beverages, broths, fruit juices, and sports drinks. Ya YA Foods takes pride in its ability to meet the stringent food safety and product quality requirements of its blue-chip customers and for its innovative approach and capabilities.
e2p invested in Ya YA Foods in February 2021 alongside the Abbas Al-Ali family. e2p is working with the Ya YA Foods team to capitalize on increasing demand, invest in new capacity and capabilities, and complete strategic acquisitions.