HomeFoodRotunda Capital takes majority interest in Siegel Egg

Rotunda Capital takes majority interest in Siegel Egg

BETHESDA, MD. — Private fairness agency Rotunda Capital Partners has acquired a majority stake in Siegel Egg Co., a North Billerica, Mass.-based provider of baking elements and different meals merchandise.

Founded in 1924, Siegel Egg operates out of a 171,000-square-foot facility north of Boston, delivering merchandise to industrial, instore, wholesale and foodservice bakeries all through the area. The firm’s product classes embrace eggs, dairy, butter, cheese, sweeteners, flour, bakery elements, chocolate, yeast, frozen vegatables and fruits, spices and condiments, nuts and seeds, and baked meals.

“We believe long-term market tailwinds, including increased focus on supply chain simplification and reliability as well as growing demand for specialty bakery products, offer a unique opportunity to invest in a regional leader like Siegel,” mentioned Dan Lipson, a accomplice at Rotunda Capital Partners. “We are eager to invest in the management team and work in partnership as we seek to drive value creation, accelerate organic growth and pursue add-on acquisitions.”

Ken Siegel, chief government of Siegel Egg, mentioned the corporate, with Rotunda’s assist, plans to enter new markets and geographies.

In addition to Siegel Egg, Rotunda Capital Partners’ portfolio consists of largely logistics and gear suppliers.

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