Although we have a strong grain-based background, we also seek non-grain-based opportunities in the higher growth and higher margined segments of the food industry.  Areas of particular interest to us at the present time are spices, flavorings, inclusions, sauces, dressings and frozen foods.

Ideal candidates will have sales of $10-$40 million, superior management teams and low-cost efficient production process and facilities. We prefer companies with above average profitability exhibited by EBITDA to sales margins of 12%-15% or higher. We will consider opportunities located anywhere in the continental US, but prefer situations in the middle third of the country from Canada to the Gulf.  We invest between $1-$5 million per transaction in the form of equity or subordinated debt.