NEW YORK– Creo Capital Partners, a private equity firm specializing in the food industry, has announced the successful closing of its continuation fund, CREO Capital Partners V, L.P. This strategic move, advised by Sixpoint Partners, a leading global investment bank, highlights the robust growth potential within the middle-market food sector and CREO’s expertise in this space.
The continuation fund is designed to facilitate the ongoing expansion of Flagship Food Group (FFG), a key portfolio company under CREO’s management. FFG boasts a diverse portfolio of prominent food brands, including 505 Southwestern®, La Tortilla Factory®, and TJ Farms®. Having demonstrated impressive performance and growth trajectory that extends beyond typical private equity investment timelines, FFG is poised for continued success with this new capital injection. The fund allows CREO Capital Partners and several existing limited partners to maintain their investment in FFG, ensuring continuity and capitalizing on future value creation.
Sixpoint Partners played a crucial advisory role in this secondary process, assisting CREO Capital Partners in providing liquidity options for investors while simultaneously securing additional capital to fuel Flagship Food Group’s growth initiatives. BlackRock’s Secondaries and Liquidity Solutions group spearheaded the transaction, making a significant capital commitment to the continuation fund, demonstrating strong investor confidence in CREO’s strategy and the food sector.
Shawn Schestag, Partner and Head of Sixpoint’s Capital Solutions group, expressed enthusiasm about the collaboration, stating, “It’s a distinct pleasure to work with managers like CREO that possess true sector expertise and a track record of success. I’m proud of the process our team ran and the successful outcome we achieved for CREO.”
Rob Holland, Founding Partner of CREO Capital Partners, also conveyed gratitude and optimism: “We’d like to thank and express our appreciation to both our new and existing investors. Together, we look forward to a bright future of continued growth for Flagship Food Group,” he remarked.
About Sixpoint Partners
Sixpoint Partners is a globally recognized investment bank specializing in strategic advisory and fundraising solutions for middle-market private equity firms. Their services encompass primary fund placement, secondaries advisory, and co-investment placement, spanning various industries and geographies. Known for their direct approach and innovative problem-solving, Sixpoint Partners is dedicated to creating long-term value for their clients. Headquartered in New York, with additional offices in Chicago, San Francisco, and London, they provide comprehensive financial expertise to the private equity landscape. For further details, please visit www.sixpointpartners.com.
About CREO Capital Partners
CREO Capital Partners stands out as a middle-market private equity firm exclusively focused on the food industry. Since its inception in 2005, CREO has built a strong portfolio of 20 investments across diverse food sub-sectors in both the US and UK markets. This specialization and deep sector knowledge are central to their successful investment strategy. Based near Denver, Colorado, CREO Capital Partners comprises a team of experienced professionals with backgrounds in investment banking, private equity, and operations, all dedicated to driving growth and value within the food sector. To learn more, visit www.creocapitalpartners.com.
Contacts
Eric Zoller, Founder & Partner, Sixpoint Partners
212-751-8690
[email protected]
