Carr, Riggs & Ingram Capital Advisors Assists as AUA Private Equity Establishes Gourmet Culinary Holdings in Partnership With Gourmet Kitchen and Kabobs Holdings20 May 2019
Carr, Riggs & Ingram Capital Advisors is pleased to announce that AUA Private Equity Partners ("AUA Private Equity" or "AUA") completed its second investment for the GCH platform, partnering with the founders and senior management of Kabobs Holdings ("Kabobs"). Kabobs is a leading manufacturer of hors d'oeuvres, side items, and ethnic and breakfast products that services foodservice operators, hotels, convention centres, corporate campuses, professional caterers, and universities across the US and Canada.
The business is recognised for its cornerstone traits of ?avor complexity, consistent quality, continual culinary innovation, and commitment to customer service.
Andy Unanue, AUA Private Equity's managing partner, commented, "We are excited to establish the Gourmet Culinary Holdings platform and partner with talented operators at each of Gourmet Kitchen and Kabobs. Based on the strong performance in our portfolio company Indulge Desserts Holdings, we hope to create similar economies of scale that will allow our partners to accelerate growth and continue to offer premium customised solutions to our customers."
R. Terry Hunt, chairman of Kabobs, stated, "We are extremely enthusiastic to partner with AUA and the owners of Gourmet Kitchen. As we sought to grow our company and expand our facility, we felt AUA was the ideal partner to help accelerate that growth. We share their vision of creating a premium specialty prepared foods platform with a focus on quality, consistency, and extraordinary customer service."
Michael Lacey, president of Gourmet Kitchen, further commented, "We have been thinking about a partnership with Kabobs for years. AUA was able to make that a reality. Together, we will be able to provide a broader product offering and expansive customer service."