Paine Schwartz Makes Strategic Investment In Chex Finer Foods
- Editor
- Jun 16
- 1 min read
Whats Happening:
Paine Schwartz Partners, a global leader in sustainable food chain investing, has made a strategic investment in Chex Finer Foods, a value-added specialty food distributor. The investment, made through Paine Schwartz Food Chain Fund VI, aims to accelerate Chex's growth, expand its capabilities, and pursue potential M&A opportunities in the fragmented food distribution space.
Key Moves:
Paine Schwartz invests in Chex Finer Foods through its Food Chain Fund VI
Partnership aims to drive growth and expand Chex's capabilities
Chex to pursue M&A opportunities in the fragmented food distribution space
By The Numbers:
Paine Schwartz manages ~$6.5 billion in AUM
Chex distributes from Maine to Florida
Chex offers an extensive assortment of specialty and natural food products
Key Quotes:
"We are thrilled about this strategic investment by Paine Schwartz, which marks the next phase in our effort to provide high-touch and value-added distribution services to our customers," said Jeremy Isenberg, CEO of Chex.
"After tracking Chex for over a year as part of our thesis buildout in the food distribution space, we are thrilled to partner with Jeremy and his team," said Angelos Dassios, Chief Investment Officer of Paine Schwartz.
Bottom Line:
Paine Schwartz's investment in Chex Finer Foods represents a strategic move in the specialty food distribution sector, aligning with the fund's focus on sustainable food chain investing. This partnership is expected to accelerate Chex's growth, expand its capabilities, and potentially lead to further consolidation in the fragmented food distribution space through M&A activities.
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