Little Dish secures £17m equity investment
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 and husband Dean Brown, both of whom retain a significant stake in the group.
The health-focused food brand sells nationally within the major multiple retailers and is growing at 40% year-on-year. It now has plans to expand into the US.
Joelson’s private equity lawyers advised Little Dish on the deal valued at £17m (US$21.5m).
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.”
Published: 29 September 2017