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.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth