Home Market Foods, Inc., a Norwood, MA-based manufacturer of fully-cooked and frozen appetizers and snacks for both retail and foodservice customers, has received a $22.0m investment from Key Principal Partners Corp.
The proceeds will be used to refinance existing indebtedness and facilitate the company’s growth.
Commenting on the transaction, Douglas Atamian, Chief Executive Officer and co-owner of Home Market Foods, said: “With KPP’s investment we have really strengthened our balance sheet.
“This will enable us to accelerate our growth and ultimately provide the best possible service and product offerings to our customers”.
Home Market Foods’ brands include Cooked Perfect, Roller Bites and Freezer Queen.
FinSMEs
02/02/2010