The private shareholders of Main Street Gourmet have sold the company to Clover Capital Partners for an undisclosed consideration.
Main Street Gourmet was founded in 1987 by Steve Marks and Harvey Nelson. Today, the company is a leading provider of frozen bakery items, including whole grain and all natural muffins, brownies, cookies, granolas and other specialty desserts.
Based in Los Angeles and Chicago, Clover Capital Partners is a private equity firm that makes long-term investments in small companies that stand out in their markets.
Oaklins' team in Cleveland served as the exclusive investment banker to Main Street Gourmet in this transaction.
David D. Dunstan
© Oaklins. All rights reserved. Oaklins refers to Oaklins International Inc. and/or one of its member firms, each of which is a separate legal entity. Please see www.oaklins.com/legal for further details.