San Fran PE firm invests in organic spice maker

San Francisco Equity Partners has acquired a majority stake in Missouri-based Red Monkey Foods, an organic spices and seasonings company.

San Francisco Equity Partners has acquired a majority stake in Missouri-based Red Monkey Foods, an organic spices and seasonings company.

The private equity firm is exclusively focused on partnering with consumer growth companies. It invests between $5 and $25 million into companies with revenues as large as $100 million.

“Red Monkey Foods is at the intersection of two clear trends in the food industry: the rise of gourmet store brand programs and the continued growth of organic products in numerous categories,” said managing partner Scott Potter in a statement.

Red Monkey Foods’ recent growth earned it a place in Inc. 500 as one of “America’s Fastest Growing Private Companies,” and its products are certified USDA organic as well as Kosher, according to the statement.

“The company has experienced tremendous growth in recent years, bringing on new retail partners and expanding to additional premium dry food categories such as seasoned ancient grains,” Potter said. “We look forward to supporting [CEO Jeff Brinkhoff] and his team with financial, strategic and operational support as they capture the large growth opportunity in front of the company.”

Brinkhoff added: “Given their track record with leading natural brands such as Method and Yes To, coupled with their experience with multiple premium store-brand businesses, SFEP will be an ideal partner for us at this key juncture in our company’s expansion.”

The acquisition price was not disclosed.