Little Dish, the UK leader in healthy, nutritious food for toddlers, has secured a growth equity investment from Profile Capital Management LLC.
Co-founded by Hillary Graves in 2006, the business is now run jointly with her CEO husband Dean Brown, both of whom retain a significant stake in the Group. They commented that the partnership with Profile will further accelerate UK growth and fund market entry to the US.
The health-focused food brand sells nationally within the major multiple retailers and is growing at 40 per cent year-on-year.
Profile Capital is a Chicago-based family office focused on partnering with entrepreneurs and executives to accelerate the long-term growth of mid-market enterprises with differentiated business models, sustainable competitive advantages, and demonstrated management capability.
Joelson’s private equity lawyers advised Little Dish on the deal valued at £17 million ($21.5 million).
Paul Chiappe, Lead Transaction Partner within Joelson’s highly ranked Corporate team, has worked with Little Dish from the outset.
He said: “The team at Joelson have watched Little Dish grow from strength to strength and were delighted to play a part in this transformative transaction. The business now has a fantastic platform to break into a US market that is primed to receive this food category.”
Hillary Graves, Founder, added: “Joelson have expertly guided the business over the years. Paul and his team delivered a very complex transaction with calm, ruthless efficiency, we could not have been in better hands.”
If you would like more information about the Joelson Corporate Team or have questions about their role in this transaction please contact the Lead Transaction Partner Paul Chiappe by emailing email@example.com
“Philippa and the team at Joelson have been great partners for our business… responsive, commercial, and have added value to our company, from assisting with drafting standard legal documents to full blown commercial negotiations, they have a unique skill set that caters extremely well to the increasing demands of a high growth business.”