Not long after Shore Capital Partners closed its inaugural food and beverage fund in April, principals at the Windy City investment firm began looking for an “artisan” baking enterprise to springboard the $148 million financing vehicle, according to partner Richard Boos.
“Quite frankly, Main Street Gourmet fit our specifications perfectly,” he said.
“We love the custom artisan approach that Steve (Marks) and Harvey (Nelson) have created,” Boos said, adding that Main Street Gourmet is the first investment for Shore’s food and beverage fund. “They are very much a solution provider for their customers, and we think that is a much better way to compete than just on price.”
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