Clairvest Group: Invests in Redstone Food Group

Toronto / CA. (cvg) Clairvest Group Inc. announced that it, together with Clairvest Equity Partners VII, has made a minority equity investment in Redstone Food Group. This represents Clairvest’s second partnership in the food and beverage co-packing respective private label manufacturing domain.

Redstone is a leading commercial bakery of bread and bakery products, focused on the in-store bakery segment. Redstone was founded in 1972 and is headed by Rob Wheeler who has 35 years of expertise in the food manufacturing industry. The Company currently operates across numerous facilities in the Greater Toronto Area. Rob will remain the majority owner of Redstone.

«We are thrilled to partner with Rob in this deal. With a clear vision, operational excellence, and leading quality, Redstone is well positioned to leverage exciting opportunities in the market, and we look forward to fueling their continued success,» said Robbie Isenberg, MD of Clairvest.

«This partnership with Clairvest is about more than just capital; it is about bringing together expertise and resources to accelerate our growth across North America. We are excited to embark on this journey with Clairvest as we scale, innovate and enhance the value we deliver to our customers,» said Rob Wheeler, President and CEO of Redstone.

The Redstone investment is Clairvest’s 67th platform investment and the first investment of CEP VII, a USD 1.2 billion investment pool, USD 300 million of which is from CVG.