Investment firm Kaho Partners LLC announced it has formed a platform to acquire and scale high-quality food manufacturers focused on authentic international cuisine, and named it Global Flavors Group.
Global Flavors Group is actively searching for acquisitions in the food manufacturing space that produce Hispanic, Asian, Indian and Mediterranean foods, are headquartered in the U.S. and have less than $10 million of profit. Kaho says the mission of Global Flavors Group is to bring authentic global flavors to American plates, and points to its recent success story in Kenny’s Great Pies as a good example of its experience in the food manufacturing space.
Kaho acquired Kenny’s in 2020 from its founder, invested significantly in capacity and automation, tripled revenue and quadrupled EBITDA — and sold it to Dessert Holdings (a Bain Capital portfolio company) earlier this year.
