US: GGC investment backs Select Foods, Tino’s merger

Generation Growth Capital Fund (GGC), a Milwaukee-based private equity firm that invests in lower middle market companies, has invested in Select Food Products, a Plymouth, Minnesota-based food manufacturer specializing in the sandwich, breakfast, snack and desert categories for the retail, club, convenience store, and foodservice industry.

The investment, for which terms have not been disclosed, was used to recapitalize Select Foods and support its merger with Tino's Italian Specialty Foods, according to a company release.

Tino's makes calzones, artisan subs, paninis, pizza, condiments, and breakfast and lunch options for the convenience service industry.

"The combined company is now uniquely positioned to provide innovative, new products across the retail grocery, foodservice, and convenience store channels. Tino Lettieri and I long have had a great respect for each other and we look forward to working together now," said Scott Robertson, CEO of Select Foods.