Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on the food and consumer packaged goods industries, has made an investment in Furlani Foods in partnership with the Kawaja family.
For nearly 30 years, Furlani has produced garlic breads for distribution to North America’s retailers and food service operators. The company offers products including garlic Texas toast, garlic bread, cheese bread, breadsticks and garlic knots. Furlani serves national retailers for both signature branded and private label items and operates out of three bakeries in Oak Creek, Wisconsin, as well as Mississauga, Ontario and Canada.
“We believe that leveraging e2p’s industry knowledge and operational expertise will allow us to further support the future plans of our customers,” states Jonathan Kawaja. “We look forward to continuing the tradition of producing Good Mood Foods which began decades ago.”
Mayer Brown LLP acted as legal counsel, and FTI Consulting as transaction advisor for E2P. Kroll Corporate Finance Canada acted as financial advisor to Furlani Foods.