LaSalle Capital in partnership with New Spring Mezzanine has completed the acquisition of Joseph’s Frozen Foods from Brynwood Partners.
“LaSalle Capital has a strong track record of building leading specialty manufacturers and has significant expertise in the foodservice channel. We are thrilled to be partnering with LaSalle and NewSpring for this next chapter of growth and innovation at Joseph’s. We would like to also thank Brynwood for their excellent stewardship over the last five years,” said David Zwartendijk, Joseph’s CEO.
Joseph’s – headquarters in Haverhill, Massachusetts – is a manufacturer of frozen Italian pasta products (both filled and unfilled), specialty sauces and meal solutions. The company serves a diverse set of customers including national restaurant chains, foodservice distributors and industrial accounts.
David Murav, principal at LaSalle Capital also commented on the acquisition: “Joseph’s has built a fantastic reputation in the frozen Italian cuisine industry and is highly regarded for its culinary expertise and superior customer service. We are excited to partner with the entire Joseph’s team to continue growing the business.”