stonewall kitchen sold

Enter your email and password to access comments. In a separate small bowl whisk together the eggs with a splash of water. Please note the display name will appear on screen when you participate. Choose the plan that’s right for you. The men hired family members to help with their fledgling company’s fast growth, including King’s sister Natalie, who is now executive vice president, and his sister-in-law, Lori King, who is the chief operating officer. Baird acted as exclusive financial advisor and Greenberg Traurig, LLP and Akerman LLP acted as legal counsel to Stonewall Kitchen. Jay Mitchell, managing director at the Audax Group, said Stonewall Kitchen’s culture and practices make it a good fit for the New England-based private equity firm. All rights reserved. The company has more than 6,000 wholesale accounts nationwide and internationally; a thriving online direct-to-consumer business; a flagship campus in York, featuring a company store, caf� and cooking school; and nine retail Company Stores located throughout New England. “We were selling just at the farmers market and doing it just like you do it in your kitchen, working out of an old grocery store in York. In Maine, a “barn sale” is where locals gather to buy and sell. Jonathan King and James Stott started the company in their kitchen 28 years ago. var now = new Date(); Stonewall Kitchen manufactures branded specialty food and gift products, including jams, olive oils, bottled sauces, crackers and pancake mixes. Founded in 1991 by partners Jonathan King and Jim Stott, the two established the Stonewall Kitchen brand by selling jams and jellies at local farmers’ markets with a flavorful line of distinctive and high-quality products. Additional information is available at www.centrepartners.com. var cookieString = "MSPAN_Paywall_user=0; domain=. Stonewall Kitchen’s range of gourmet offerings from truffle ketchup to raspberry peach champagne jam to Maine craft ale mustard are now sold in 60 countries. Make Stonewall Kitchen your one-stop-shop for fine home keeping and kitchen products. val = parseInt(cookies[i].split('=')[1]); Over time, they expanded the brand to include sauces, condiments, crackers and baking mixes, always focusing on innovative product development, beautiful packaging, and exceptional guest service. Stonewall CEO John Stiker and the rest of the executive team will remain with the company after the acquisition by Audax Private Equity, according to Margaux Maertens, Stonewall Kitchen’s spokeswoman. "We were able to achieve significant growth while maintaining Stonewall Kitchen's authenticity and reputation for great tasting, innovative products. Login. In 2016, Entrepreneur magazine reported that the company had $100 million in revenue. (212) 521-4800 I", Save 30% on Kristin Ess *exclusions apply, How A Low Carb Diet Affects Women's Health, A 2-Step Approch To Treating Your Adult Acne, Meet Dr. Laura Belus, Naturopathic Doctor, Popularity (Most Popular to Least Popular), Seventh Generation Baby Free & Clear Diaper Mega Pack. In a small bowl, whisk together the flour, cumin, garlic powder, onion powder, chili powder and salt. Financial terms of the transaction were not disclosed. That partnership led to the acquisitions of Tillen Farms cocktail accessories, the Napa Valley Naturals culinary oils and vinegars, and the Montebello imported organic Italian pasta. Combined with a licensing agreement with Legal Sea Foods, those initiatives nearly doubled the size of the company, a news release said. By providing your email address you consent to receive emails and offers from MaineToday Media, Stonewall Kitchen sold to Boston investment firm, with eye toward growth. “We believe that our buy and build investment strategy, combined with their expertise in the specialty food industry, can transform the company,” he said. } Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food and gift products, including jams, olive oils, bottled sauces, crackers and pancake mixes. From the beginning, Stonewall Kitchen was based on ideals born out of Maine: unspoiled beauty, wholesomeness, a sense of community. }()); (function(){ Baird acted as exclusive financial advisor and Greenberg Traurig, LLP and Akerman LLP acted as legal counsel to Stonewall Kitchen. 1.800.826.1752, Our website uses cookies (belonging to us or to third parties) for profiling purposes and to serve you ads in line with your browsing preferences and that may be of interest to you. “It’s amazing how quickly the business grew, but when you’re in, it doesn’t seem to be at that pace,” King said. For customer assistance please call: Already have one? Pharm RPh Well.ca Pharmacy 1168A Dundas St W Toronto, ON M6J 1X4, Well.ca935-B Southgate DriveGuelph, ON, N1L 0B9, CA. Digital access or digital and print delivery. Stonewall Kitchen, the specialty foods company that started at a New Hampshire farmers market and grew into a powerhouse brand with more than 8,500 wholesale accounts worldwide, has been sold … “We believe that our Buy & Build investment strategy, combined with their expertise in the specialty food industry, can transform the company into a more substantial enterprise,” he said. Mark Semer For more information about Stonewall Kitchen, please visit: www.stonewallkitchen.com. In a 2014 interview with the Press Herald, King said he had planned to become a child psychologist and Stott owned a construction company. This shopping feature will continue to load items when the Enter key is pressed. Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced it sold its portfolio company Stonewall Kitchen to Audax Private Equity. The Company has more than 6,000 wholesale accounts nationwide and internationally; a thriving online direct-to-consumer business; a flagship campus in York, Maine featuring a company store, café and cooking school; and nine retail Company Stores located throughout New England. "use strict"; It is a testament to the art of preserve making and the growing public interest in wholesome, quality and tasty ingredients. Stonewall has been the recipient of the association’s Outstanding Product Line Honors three times. Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food and gift products, including jams, olive oils, bottled sauces, crackers and pancake mixes. Financial terms were not disclosed. Success. © Gannett Co., Inc. 2020. Please subscribe or login to participate in the conversation. Only subscribers are eligible to post comments. Create a commenting profile by providing an email address, password and display name. Contact: Stonewall Kitchen, the specialty foods company that started at a New Hampshire farmers market and grew into a powerhouse brand with more than 8,500 wholesale accounts worldwide, has been sold to a Boston investment firm.

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