Graham Partners’ Latest Investment Is Expected to Bear Fruit
November 10th, 2016
PHILADELPHIA, November 10, 2016 – Graham Partners, a private investment firm focused on investing in businesses with advanced manufacturing technologies, innovative product development capabilities, and strong growth potential, is pleased to announce its investment in Mercer Foods (“Mercer”), an innovative manufacturer of high quality freeze-dried food products. Operating from a world-class facility in Northern California, Mercer serves a diverse group of marquee customers in a variety of end markets within the food products industry. The company also maintains food quality and safety certifications including USDA Certified Organic, Safe Quality Food Level 3, and others.
Graham’s investment thesis in Mercer focuses on the attractive conversion opportunities available in the freeze-dried food industry, as consumers are increasingly seeking clean label, healthy foods that are ideal for on-the-go lifestyles. The company is a leader in this industry, with internally designed, proprietary freeze-drying equipment offering complete packaging solutions for branded, private label, and ingredient customers. With a strong history of technology and innovation, Mercer holds the potential to further its reputation as an innovator in its industry.
Andrew Snyder, Managing Principal at Graham Partners, states, “Mercer is a strategic fit for the Graham portfolio due to industry overlap with several of Graham’s portfolio companies, providing parallel access to industry expertise and familiarity with macro trends and existing and potential customers. Together, we see opportunities to enter new markets and channels with a goal of offering consumers a broader selection of higher quality, more nutritious food.” David Noland, CEO of Mercer, adds, “Graham’s family heritage resonated with the Mercer team because it very much aligns with our company’s history; we are looking forward to collaborating with Graham and the industry experts they have already brought to the table to pursue growth opportunities in adjacent markets.”
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