Graham is On-Target for Flavor with Its Latest Platform Investment

December 1st, 2025

PHILADELPHIA

Partners with Target Flavors, Family-Owned Flavor Manufacturer

Graham Partners (“Graham”), a private investment firm targeting advanced manufacturing companies, is pleased to announce its partnership with Target Flavors. Headquartered in Newport News, Virginia, Target Flavors was founded by John MacLean, Sr. as a family-owned and operated developer and producer of custom flavor solutions. Today, it serves as an end-to-end flavor house with a dedicated focus on natural flavors. Drawing on decades of experience, Target Flavors is dedicated to working closely with its customers to craft tailored flavor profiles that deliver on both quality and innovation.

As consumer preferences shift towards unique, better-for-you, and functional food and beverage products, flavor has become a critical driver of appeal and differentiation. Graham believes Target Flavors is well positioned to benefit from these macro trends through its in-house R&D capabilities that enable it to collaborate with consumer packaged goods (“CPG”) brands and co-manufacturers. Target Flavors’ emphasis on natural flavors aligns with increased demand for transparent and “clean” ingredient lists, which Graham believes will empower Target Flavors to expand its customer base, win new business, and strengthen its position as a trusted partner in clean-label flavor innovation.

Target Flavors distinguishes itself through its ability to solve complex formulation challenges, like creating clean-label citrus flavors without off-notes or developing masking agents that make better-for-you products taste great. Its responsiveness and technical agility have helped win business from larger competitors and build long-standing relationships with brands that value speed, flexibility, and flavor precision. Graham looks forward to supporting Target Flavors as it scales its commercial organization and deepens its presence in high-growth categories like functional beverages and dairy alternatives.

Graham Partners believes it can leverage its previous investments in the flavors and ingredients industry and its deep bench of operating advisors to support Target Flavors’ strategic initiatives. Andrew Snyder, Managing Partner at Graham Partners, said, “We see an exciting opportunity to build on the impressive legacy the MacLean family has created over the past 40+ years, and we look forward to supporting the team as they continue to invest in R&D and innovation to support their customers’ growth.” Further emphasizing the strategic fit between Graham and Target Flavors, Kedar Shirole, Vice President at Graham Partners, said, “We feel confident that our experience in flavors and ingredients will be a significant asset to the team as they look to add capacity and capabilities in the near term, both organically and through add-on acquisitions.”

About Target Flavors

Headquartered in Newport News, Virginia, Target Flavors is a family-founded flavor house serving CPG brands and co-manufacturers across the beverage, dairy, dairy alternatives, pharmaceutical, and bakery industries. Since its founding in 1981, Target Flavors has built a reputation for delivering customized, high-quality flavor solutions through deep technical expertise and operational agility. With a focus on natural flavors, Target Flavors believes it is well positioned to benefit from evolving consumer preferences.

FOR FURTHER INFORMATION CONTACT:  

Andrew Snyder (asnyder@grahampartners.net)
Kedar Shirole (kshirole@grahampartners.net)
Tel: (610) 408-0500
www.grahampartners.net
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Legal Disclaimer This press release is for informational purposes and is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Graham Partners is not utilizing this release to provide investment or other advice, and no information disclosed therein is to be relied upon for the purpose of making investment decisions. Past performance does not guarantee future results and any transactions described are included as representative transactions and are not necessarily reflective of overall performance. It should not be assumed that any investment described herein was or will be profitable. There can be no assurance that historical trends will continue. Graham Partners’ market characterization is based on subjective determinations that it believes reasonable but others may disagree with such characterization. There is no guarantee that Graham Partners’ initiatives will drive value for its investments or accelerate growth or lead Graham Partners’ investments to become profitable.