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Private equity firm LaSalle Capital has completed an investment in Cascade Coffee, a private-label coffee company, for an undisclosed amount.
Cascade, headquartered in Washington State, United States, is a full-service roaster, grinder, flavourer, and packager of retail and private-label coffee products.
According to LaSalle, Cascade CEO John Gilbert will continue to lead the company through this next phase of growth and expansion.
“We are excited to embark on what we are calling ‘Cascade 3.0’, where we plan to further expand our capabilities and build Cascade into the pre-eminent partner for coffee brands,” says Gilbert.
He says LaSalle is the right partner for this next chapter at Cascade, and the team looks forward to leveraging its expertise in food and beverage manufacturing and alignment with management to help the firm achieve its goals.
Andrew Dzwonchyk, Partner at LaSalle Capital, adds: “John and his team have built a preeminent reputation around manufacturing the highest quality coffee with the broadest array of capabilities that allow them to serve as a thought leader and brand partner for their customers.
“We are excited to build upon the strong foundation already constructed to support the team as they further enhance Cascade’s capabilities, unique product offerings and national presence in the coffee industry.”
David Murav, Partner at LaSalle, says Gilbert and Cascade have developed a best-in-class operation that LaSalle is looking forward to supporting through the next stage of growth for the coffee company.
The post LaSalle Capital completes investment in Cascade Coffee appeared first on Global Coffee Report.
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