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About Roland Foods
Industries
Food & Agriculture
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$125M
Headquarters
New York City, New York
Founded
1934
Overview
Roland Foods imports and distributes a wide variety of specialty foods from around the world. The company has been in operation since 1934 and is known for providing high-quality global ingredients to both individual consumers and businesses in the food industry, including restaurants and gourmet retailers. Roland Foods sources its premium ingredients through strong, long-term relationships with vendors, ensuring authenticity and quality. The company stands out from its competitors by focusing on the specialty food market and offering a diverse range of products that cater to culinary exploration. Its goal is to deliver exceptional ingredients that enhance the dining experience for customers.
Simplify's Take
What believers are saying
- Recapitalization by Vestar Capital Partners supports growth and future acquisitions.
- Acquisition of IfiGourmet expands product offerings in the baking industry.
- Rising demand for plant-based ingredients aligns with Roland Foods' expansion potential.
What critics are saying
- Increased competition in the specialty food market may erode market share.
- Fluctuating global commodity prices could impact profit margins.
- Geopolitical tensions may disrupt supply chains in key sourcing regions.
What makes Roland Foods unique
- Roland Foods has a 90-year history in the specialty food market.
- Strong multigenerational vendor relationships ensure premium quality and authenticity.
- Focus on global ingredients caters to gourmet retailers and food service providers.
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Funding
Total Funding
$125M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Hybrid Work Options
Performance Bonus
Company News
NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the closing of the recapitalization of Roland Foods, LLC, a leading branded purveyor of fine global ingredients serving the foodservice industry for over 90 years. As part of the transaction, Vestar and co-investors have made a significant growth capital investment alongside the refinancing of Roland Foods' credit facilities. The recapitalization positions the company for the continued execution of its organic growth strategy and provides significant dry powder for future acquisitions. Terms of the transaction were not disclosed."Roland has been a very successful investment for Vestar thus far, and we are thrilled to continue our partnership with CEO Keith Dougherty and the Roland management team to support the company's continued growth and expansion," said Ken O'Keefe, Vestar Managing Director and Chief Operating Officer, and Member of the Board of Roland Foods
Roland Foods was also previously acquired by Vestar Capital Partners in 2013 and the company has more recently ventured into the baking industry and acquired ifiGourmet in 2023.
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Ingredients company Roland Foods has announced its acquisition of IfiGourmet, an importer and distributor of bakery, confectionery and ice cream products.
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About Roland Foods
Industries
Food & Agriculture
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$125M
Headquarters
New York City, New York
Founded
1934
Roland Foods is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
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Discover companies similar to Roland Foods