Benford Capital recaps food company Brothers

Benford Capital has recapitalized Rochester, New York-based Brothers International Food Corporation, a food company.

Benford Capital has recapitalized Rochester, New York-based Brothers International Food Corporation, a food company. No financial terms were disclosed.

PRESS RELEASE

Benford Capital Partners Management, L.P. (“Benford Capital” or “BCP”), a Chicago-based private equity investment firm, is pleased to announce it has completed the recapitalization of Brothers International Food Corporation (“Brothers” or the “Company”) in partnership with Founder, Travis Betters, who will continue to lead Brothers as CEO.

Founded in 2001 and based in Rochester, NY, Brothers is a highly successful food company with two distinct and complementary divisions: (i) the ingredients division, a value-added importer and distributor of unique and exotic fruit ingredients sold to large food and beverage companies and (ii) the Brothers All Natural division, the market leader in branded, private-label, and co-branded freeze-dried fruit snacks sold through supermarket, mass, drug, and e-commerce retailers.