Farragut Invests in Brazi Bites

CHEVY CHASE, MD – Farragut Capital Partners is pleased to announce that it has provided mezzanine debt and an equity co-investment in support of the acquisition of Brazi Bites by Midwest Growth Partners. 

Headquartered in Portland, Oregon, Brazi Bites offers a portfolio of naturally gluten-free frozen foods led by its signature Brazilian cheese bread, as well as a recently launched waffle line.  Brazi Bites products combine great taste, clean and simple ingredients, convenience, and an inherently gluten-free formulation.

The deal marks the second time Farragut has partnered with Midwest Growth Partners.  Brazi Bites joins a long list of food businesses in Farragut’s portfolio, including Hatch Chile, Catalina Finer Foods, Fiesta Canning, Malley’s Chocolates, and Virginia Food Group.

Rob Hagerty, Partner at Farragut, said of the transaction, “Brazi Bites is a unique product in a niche category with a strong following.  We’re excited to partner again with Midwest Growth Partners and management as they continue to expand.”

“Brazi Bites is a distinctive brand with meaningful momentum and a strong foundation for continued growth. We believe there is significant opportunity ahead and are excited to work closely with the team through Brazi Bites’ next chapter,” said Ryan Brennan, Vice President at Midwest Growth Partners.

Farragut partnered with SharpVue Capital on the transaction. 

For more information on Brazi Bites, please visit www.brazibites.com