Midwest Growth Partners Invests in French Gourmet LLC
Aug. 1, 2023
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.