Joelson advises children's nutritionists Little Dish in £17m equity investment
Little Dish, a UK company specialising in healthy, nutritious food for toddlers, has secured a growth equity investment from Profile Capital Management LLC (PCM).
Co-founded by Hillary Graves in 2006, the business is now run together with her CEO husband Dean Brown, both of whom have retained a significant stake in the group. The duo have said this partnership with PCM would further accelerate UK growth and fund market entry to the US.
Paul Chiappe, lead transaction partner within Joelson’s corporate team, has worked with Little Dish from the outset. He commented: “Joelson has watched Little Dish grow from strength to strength and [is] delighted to play a part in this transformative transaction.
“The business now has a fantastic platform to break into a US market that is primed to receive this food category.”
PCM is a Chicago-based family office which focuses on partnering with entrepreneurs and executives to accelerate the long-term growth of mid-market enterprises with differentiated business models and demonstrated management capability.
Hillary Graves, Little Dish’s founder, added: “Joelson have expertly guided the business over the years. [Chiappe] and his team delivered a very complex transaction with calm, ruthless efficiency. We could not have been in better hands.”
Little Dish sells nationally within the major multiple retailers and is growing at 40 per cent year after year.
Joelson’s private equity lawyers advised Little Dish on the deal valued at £17m.
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