Food and beverage private equity fund Arbor Investments closes US$1.65B funding round

USA – Arbor Investments, a middle-market private equity fund that invests in food, beverage and affiliated companies has announced that it has closed its latest funding round and raised US$1.65 billion in capital bringing the company’s total assets under management to US$2.9 billion.

Investments currently within Arbor’s portfolio include The Bakery Cos., Nashville, Tenn., a manufacturer of bread, baked foods and dough products; Concord Foods, LLC, Brockton, Mass., a processor of retail products and custom ingredients; and Darifair Foods, Jacksonville, Fla., a supplier of dairy products and value-added ingredients to the foodservice industry; and several others.

“We are humbled by the commitments from our longtime limited partners as well as the interest from new investors who have entrusted Arbor with their capital,” Gregory Purcell, Arbor co-founder and CEO, said.

“We are humbled by the commitments from our longtime limited partners as well as the interest from new investors who have entrusted Arbor with their capital.”

Gregory Purcell – CEO and co-founder, Arbor

“The quick and successful closing of Arbor Fund V, especially during this unique fundraising environment, is not only a testament to our outstanding investment track record but also a continued endorsement of the highly differentiated strategy we’ve refined over more than two decades.

“We anticipate tremendous opportunity to deploy this new capital with outstanding entrepreneurial families and blue-chip strategic players.”

Past investments have included Columbus Meats, Gold Standard Baking, Fieldbrook Foods and the Pita Bread Factory.

“Contrary to typical private equity firms, Arbor has always been focused on adding value beyond just capital and our results reflect this unconventional approach,” said Senior Operating Partner Timothy Fallon.

“We’re firm believers in the advantages of industry specialization and our model is rooted in leveraging the firm’s experienced team of in-house resources to identify and execute transformative changes to our portfolio companies,” said Arbor President Carl Allegretti.

“It’s an operationally intense, all-hands-on-deck attitude that we believe drives value creation and positions us as the partner of choice to companies in the food and beverage sector.”

“Arbor’s brand is stronger than ever. We are honored to have earned the trust of our investors and I couldn’t be more proud of our people. To raise this amount of capital so efficiently in this unprecedented time is a testament to the strength of our team and the track record that has been built over the 21 years of Arbor. The best is yet to come.”

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