Freshcut Foods | Stephens

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Freshcut Foods

Value Not Disclosed 06/16/2023 Consumer Complete
Financial Sponsors
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Transaction Details

  • On June 16, 2023, Freshcut Foods (“Freshcut” or the “Business”), the UK’s leading developer and supplier of high added-value plant-based food ingredient solutions, completed the sale of a majority stake to Flywheel Partners Limited (“Flywheel”).
  • Flywheel and management aim to drive growth by leveraging Freshcut’s leading position within its attractive high growth market. As a strategic partner to its customers, Freshcut will continue to build long-term relationships underpinned by product quality, consistency, best-in-class service levels and leadership in innovation.

About the company

About Freshcut Foods

Established in 2003, Freshcut is the UK’s leading developer and supplier of bespoke high added-value plant-based food ingredient solutions. Freshcut supplies a broad and evolving portfolio of more than 300 bespoke products to over 40 customers that include leading foodservice brands, food manufacturers and online recipe kit providers.

About Flywheel Partners

Flywheel Partners is an independent investment firm focused on supporting companies with significant growth potential. Backed by long-term equity capital, Flywheel Partners looks to achieve shared goals by working in partnership with exceptional management teams.

About Perwyn

Perwyn is a European private equity investor specialising in buyout and growth capital investments in four sectors: Technology, Services, Healthcare and Food & Ingredients. Typically, Perwyn invests in a focussed portfolio of businesses with Enterprise Value between £/€50-250m and significant potential to expand. Perwyn’s substantial permanent capital base allows it to focus all of its time on helping investee companies achieve great things.

Source: Press Release, Company Information
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