September 10, 2015
Cave Creek Capital (“CCCM”) is pleased to announce its investment in Transnational Foods LLC (“Transnational”), a leading provider of globally sourced, competitively priced branded and private label food products. Transnational services several major national food retailers including Wal-Mart, Dollar Stores and Supermarkets. Transnational Foods was one of the first to develop cost-effective procurement programs with major retailers, enabling them to expand their in-house and private label food offerings by accessing international supply partners in 25 different countries. Their diverse and long standing global relationships allow them to optimize price, timing of delivery and product mix for major retailers, supplying over 400 SKU’s to 30,000 stores nationally in categories such as canned fruits and vegetables, seafood, pasta, olive oil and lemon juice.
CCCM’s recapitalization provided growth capital and funded a repurchase of shares from minority shareholders in conjunction with a strong team of investment partners, including Stewart Capital, C3 Capital and Eagle Capital. “We are pleased to have a group of committed partners to help our company grow to the next level.” states Marcelo Young, President of Transnational. “Our new partners can provide the capital necessary to expand our personnel, product lines and add acquisitions for growth”.
Cave Creek Capital has an extensive track record of successful investments where Founders can gain personal liquidity, add growth capital and continue to run their companies. G. Kevin Fechtmeyer, CCCM Managing Partner, added; “We can offer the best of a Family Office combined with an institutional investor’s resources. Our average portfolio company has grown over 300% during our investment period. We look forward to Marcelo’s team at Transnational being our partners for many years.”