Raymundos Food Group LLC, which is backed by AUA Private Equity Partners LLC, has named Jim Taylor as chief financial officer. Taylor is the former CFO of Rupari Food Services Inc and the ex-vice president at Constellation Brands. Illinois-based Raymundos is a maker of of branded refrigerated snacks, desserts, and yogurts.
NEW YORK, NY – May 2, 2017 – AUA Private Equity Partners, LLC (“AUA Private Equity”) announced today that Jim Taylor, former Chief Financial Officer of Rupari Food Services, Inc. (“Rupari”), and former Vice President at Constellation Brands has joined Raymundos Food Group, LLC (“Raymundos” or the “Company”) as Chief Financial Officer. Mr. Taylor will join the Company’s seasoned leadership team, overseeing the Company’s financial and accounting divisions, and leading strategic initiatives across the organization.
Ric Alvarez, CEO of Raymundos commented, “We are extremely pleased to appoint Jim as our new Chief Financial Officer of Raymundos. Jim’s financial and operational knowledge and experience, and strong leadership background, make him a tremendous addition to the team.”
Mr. Taylor brings substantial financial and operational leadership experience in the consumer segment to the Company’s executive team. Most recently, as CFO of Rupari, a private equity-backed manufacturer and marketer of protein products, Mr. Taylor was responsible for all financial, accounting, treasury and cash management, and human resources functions, working closing with the company’s lender group, developing robust financial reporting and controls, working to enhance working capital efficiency, and assisting with M&A. Prior to Rupari, Mr. Taylor was a Vice President of Sales Finance at Constellation Brands, were he served for over nine years, overseeing a division generating $1.2 billion in annual sales.
Jim Taylor added, “I am very excited to be joining the Raymundos team. The Company is well-positioned in the refrigerated snacks and desserts category and poised for continued growth. I look forward to helping Raymundos become a leading refrigerated foods company.”
Raymundos Food Group, LLC is an Illinois-based manufacturer and marketer of branded refrigerated snacks, desserts, and yogurts. The Company’s portfolio of yogurts, gelatins, flans, puddings and other ready-to-eat foods has strong connectivity to the growing Hispanic demographic in the United States, and provides a unique value-proposition to food retailers. Raymundos products are distributed through mass retailers, conventional grocery retailers, club stores, convenience stores, and foodservice companies, as well as through independent and local Hispanic retailers. For more information on Raymundos, please visit www.raymundos.com.
About AUA Private Equity
AUA Private Equity Partners, LLC is a New York-based, operationally focused, lower middle-market investment firm providing strategic capital to companies in the consumer, media, and business services sectors, with a particular focus on family-owned businesses or companies benefiting from the growth of the U.S. Hispanic population. AUA Private Equity makes equity investments of $15 to $50 million in companies that generate in excess of $5 million in EBITDA. AUA Private Equity currently manages over $275 million of capital. For more information on AUA Private Equity, please visit www.auaequity.com.