Seward Capital LLC is excited to announce its latest investment in the Baikal platform – Rotunda Capital Partners, LLC (Rotunda Capital) acquisition of IF&P Foods, LLC (IF&P). A leader in produce distribution, IF&P, provides fresh and packaged produce varieties, as well as partially prepared meal components, to roughly 7,500 customers throughout the Midwest, including grocery stores, restaurants, schools and food management companies. This recent Baikal investment is the 6th direct equity investment completed by the Baikal Group. Seward Capital and the Baikal group are pleased to be part of a family and founder-owned distribution company that has significant growth potential in order to meet industry demands. The investment underwriting and documentation process was managed by Helen Hester and Matt Decker at Seward Capital.
The Baikal Program is comprised of discrete, individually pledged Limited Partnership pass-through vehicles. Baikal aggregates accredited individual and small institutional capital commitments and then invests them into specific lower middle market oriented private equity, mezzanine, special situation and SBIC-backed investment funds (the “Underlying Funds”). Baikal also aggregates investor commitments and invests directly into operating businesses being formed or recapitalized by seasoned and experienced investment professionals.
About Seward Capital
Seward Capital is a value oriented investment manager serving high net worth individuals, family offices and institutions. The Kodiak Fund I invests opportunistically in corporate and middle-market loans, bonds, and equity securities. The Baikal platform provides a bridge between sophisticated individual and small institutional investors and select “best of breed” investment funds. Please visit https://sewardcapital.com/ for more information about Seward Capital, The Kodiak Fund I, The Baikal Program or contact Amos Beason +1(704)285-7750 or Marc Sowell at +1(704)285-8776.
About Rotunda Capital
Rotunda Capital Partners is a private equity firm that invests equity capital in established and profitable lower middle-market companies. As an independent deal sponsor, Rotunda Capital raises and invests the capital of its principals, institutions, family offices and high net worth individuals on a deal-by-deal basis. The firm uses a rigorous approach to identify market-leading companies with identifiable growth opportunities and capable management teams in targeted sectors, including distribution, logistics, financial services, and business services. Rotunda Capital partners with industry-leading operating executives to grow each portfolio company. Since 2009, Rotunda Capital has completed 10 platform investments and realized three exits. The partners of Rotunda Capital actively provide guidance and draw on deep industry and financial relationships to contribute to the successful execution of Rotunda’s companies’ strategic plans. For more, visit www.rotundacapital.com.