Harvest Food Group

IOP Fund IV

Acquisition Date:May 2023
Status:Current
Headquarters:Naperville, IL
Add-on Acquisitions:

Seeking acquisitions

Description

Harvest is a value-added contract manufacturer, supplier, and distributor of frozen foods. The company specializes in entrees, side dishes, meal kits, blends, and a variety of produces and ingredients and operates an SQF-certified and USDA-inspected manufacturing and distribution facility located in Chicago, Illinois.

Operating Thesis

Provide support to existing management team to continue strong growth trajectory and increase profitability.

Create fundamental improvement in operating performance:

  • Enhance production efficiency through continuous improvement program and cost-savings initiatives
  • Add new production capabilities to enhance value-add and drive growth
  • Expand ERP system utilization
Harvest Food Group