Rotunda Capital Partners, a private equity firm, has acquired a majority stake in Siegel Egg Co., a wholesale distributor of bakery ingredients and other food products throughout New England and New York.
Siegel has operated as a critical partner to suppliers and customers in the baking industry for nearly 100 years. The firm operates from a 171,000 square food facility where it delivers products from exclusive supplier relationships to commercial, in-store, wholesale and foodservice bakeries.
“We are thrilled to partner with Siegel and support the Company in its next stage of accelerated growth,” said Corey Whisner, Rotunda partner. “The Siegel investment is a natural extension of Rotunda’s deep experience investing in the food distribution and logistics ecosystems.”
“We are excited to have found a partner in Rotunda that knows our industry and will continue to build on our tremendous growth,” commented Ken Siegel, CEO. “Together, we plan to enter new markets and geographies while staying true to our family culture.”