San Francisco Equity Partners has acquired a majority stake in Missouri-based Red Monkey Foods, an organic spices and seasonings company. No financial terms were disclosed.
SAN FRANCISCO–(BUSINESS WIRE)–San Francisco Equity Partners (SFEP), a private equity firm exclusively focused on expansion-stage companies in the consumer industry, announced today that it has acquired a majority stake in organic spices and seasonings company Red Monkey Foods. SFEP will partner with Founder and CEO Jeff Brinkhoff and his team to capitalize on the strong momentum in the business.
Red Monkey Foods is a leading provider of premium organic spices, seasonings and other natural dry food products. Operating out of a state-of-the-art facility in Springfield, Missouri, the company manages gourmet store brand programs for many of the nation’s largest food, mass and specialty retailers. The company’s unique approach to gourmet store brand management is enabled by a global organic supply chain, strong product development capabilities and data-driven category management expertise.
“Red Monkey Foods is at the intersection of two clear trends in the food industry: the rise of gourmet store brand programs and the continued growth of organic products in numerous categories,” said Scott Potter, Managing Partner at San Francisco Equity Partners. “The company has experienced tremendous growth in recent years, bringing on new retail partners and expanding to additional premium dry food categories such as seasoned ancient grains. We look forward to supporting Jeff and his team with financial, strategic and operational support as they capture the large growth opportunity in front of the company.”
“We were seeking a partner with deep experience in our retail channels and a demonstrated ability to help consumer businesses scale profitably. Given their track record with leading natural brands such as Method and Yes To, coupled with their experience with multiple premium store-brand businesses, SFEP will be an ideal partner for us at this key juncture in our company’s expansion,” said Brinkhoff.
About Red Monkey Foods
Red Monkey has become an industry leader in the organic and all-natural spices and seasonings industry. The company’s recent growth earned it a place in Inc. 500 as one of “America’s Fastest Growing Private Companies,” and the company has been recognized with top industry honors, including the prestigious Silver Colonel Award nominated by Red Monkey’s national customers. Red Monkey has been certified USDA organic as well as Kosher certified by one of the nation’s most stringent certification board. The Company has had a growing impact on its community by significantly increasing employment opportunities in Southwest Missouri. Learn more about Red Monkey Foods at www.redmonkeyfoods.com.
About San Francisco Equity Partners
San Francisco Equity Partners is a private equity firm exclusively focused on consumer growth companies. SFEP partners with consumer businesses that have reached an inflection point in their development, where they can benefit not only from growth capital, but also from SFEP’s operational, financial, and industry experience. For more information please visit www.sfequitypartners.com.