Food Evolution, a Schiller Park, Illinois-based producer of food service products and outsourced commissary solutions, secured an investment of undisclosed amount.
Backers included Balance Point Capital Partners, Akoya Capital Partners, Plexus Capital and Food Evolution’s current management.
Founded in 2001, Food Evolution produces foodservice products and outsourced commissary solutions. The company specializes in prepared food products including sandwiches, wraps and salads and serves a wide range of clients throughout the Midwest.
The company’s current owners, Bret Schultz, Judd Rosenberg and Momo Maldonado, will continue with the business and remain significant shareholders.
Additionally, Chris Franco will join the company as Chief Executive Officer and Lou Nieto will join the Board of Directors.
FinSMEs
30/09/2014