Situation

After over twenty years of building Cuizina Food Company (“Cuizina”), Ric Ferrera decided that he wanted to sell a portion of his business and take on a partner who could help him grow the business beyond its current platform. The Joshua Green Corporation (“JGC”) was selected as the preferred partner.

ZS Role

Zachary Scott was engaged to advise JGC to investigate the merits of the investment, assist in due diligence, and help structure the transaction, as well as the involvement of an industry executive in the management of the investment.

Results

JGC and its executive partner acquired an 80% interest in Cuizina and have embarked on a strategy to expand its platform into new products and markets as part of an overall food ingredient strategy.