Vestar Capital Partners, a prominent U.S. middle-market private-equity firm, has announced the successful recapitalization of Roland Foods LLC, a distinguished provider of premium global ingredients with a rich history in the foodservice industry spanning over 90 years. This strategic move includes a substantial growth capital investment alongside the refinancing of Roland’s credit facilities.

The recapitalization sets the stage for Roland to implement its organic growth strategy while equipping the company with substantial resources for future acquisitions. While the specific terms of the deal were not disclosed, the implications for Roland are significant. Ken O’Keefe, managing director and COO at Vestar, emphasized the firm’s satisfaction with its investment in Roland, highlighting the brand’s impressive growth trajectory and the expansion of its product offerings. Notably, this includes the organic growth achieved through acquisitions of AUI Fine Foods and ifiGOURMET.

CEO Keith Dougherty underlined the importance of this new capital in supporting Roland’s continued growth prospects amidst the rising demand for specialty foods and ingredients. The company currently boasts a curated portfolio of over 2,400 globally-sourced products, reinforcing its strong position in the fine food category.

As the foodservice industry evolves, strategic partnerships like that of Vestar and Roland highlight a proactive approach to seizing market opportunities, ensuring that both entities are well-positioned to thrive in a competitive landscape.