Midwest Growth Partners Invests in French Gourmet LLC

Aug. 1, 2023
Private-equity investment expected to help Nevada-based manufacturer of a variety of dough-based frozen and pre-proofed products through its next phase of growth.

According to a news release from private-equity firm Midwest Growth Partners (MGP), it made an investment in late May in French Gourmet LLC, a Sparks, Nev.-based manufacturer of croissants, Danish pastries, dough shells and puff pastries with laminated dough in frozen and pre-proofed formats.

The amount of investment and terms were not disclosed.

French Gourmet was founded in 1984 and started out producing artisanal, all-natural European-style pastries and Danishes. The company today services hotels, cafes, independent bakeries, diners, grocery bakeries and other foodservice outlets. Founder Patrick Novak stated in the release that the company is looking to step into the next phase of growth and expects MGP to help execute that vision.

About the Author

Andy Hanacek | Senior Editor

Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.

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