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Westminster Foods

westminstercrackers.com

Founded Year

1828

Stage

Recap | Alive

About Westminster Foods

Westminster Cracker Company is a premium, all natural, oyster cracker manufacturer selling primarily through foodservice distributors to restaurants and select retailers across the U.S.

Headquarters Location

1 Scale Ave Suite 81 - Building 14

Rutland, Vermont, 05701,

United States

802-773-8888

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Latest Westminster Foods News

LaSalle Capital Closes Continuation Fund

Dec 20, 2021

December 1, 2021 – Chicago, IL – LaSalle Capital (“LaSalle”), a leading lower middle market buyout firm focused on investments in the food and beverage sector, is pleased to announce the successful closing of LSCG Continuation Fund, L.P. The continuation fund enables LaSalle to extend its ownership of two portfolio assets, Fresh Origins and Westminster Foods, both of which are leaders in their respective niches. Fresh Origins is the largest grower of microgreens and edible flowers in North America and Westminster Foods is a leading manufacturer of better for you baked goods including oyster crackers, saltines, cookies and snack crackers. LaSalle raised additional capital from several new institutional investors which will support future growth initiatives and allow both companies to maximize their value and growth potential. The Private Funds Group at PineBridge Investments led the transaction with a significant capital commitment to the continuation fund. Kline Hill Partners acted as co-lead and several other institutional investors also participated in the transaction. “We are excited to partner with PineBridge, Kline Hill, our existing limited partners and several new institutional investors to continue growing Westminster and Fresh Origins” said Kelly Cornelis, Partner and COO of LaSalle Capital. David Murav, Partner at LaSalle added, “This new capital will allow us to invest in facility expansions, increased automation and marketing and new product development initiatives at both companies, which will lead to enhanced shareholder value.” Jeff Walters, co-founder and Partner at LaSalle commented, “We are very appreciative of our existing investors’ continued support and are excited to work with our new investment partners. Both portfolio companies have tremendous growth potential, and we are excited to continue to create value for our investors through this new vehicle.” Sixpoint Partners and Kirkland & Ellis advised LaSalle Capital on the transaction. If you have questions regarding the above transaction, please contact Jeff Walters, Kelly Cornelis or David Murav of LaSalle Capital at (312) 236-7041. LaSalle Capital is a leading private equity firm with experience in the lower middle market, managing over $500 million in capital across several investment funds. LaSalle has a proven track record of partnering with management teams to increase value in our companies by providing a strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in the food and beverage ecosystem. PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. As of 30 September 2021, the firm managed US$141.8 billion across global asset classes for sophisticated investors around the world. For more information, visit pinebridge.com © 2020, LaSalle Capital. All Rights Reserved.Find us on

Westminster Foods Frequently Asked Questions (FAQ)

  • When was Westminster Foods founded?

    Westminster Foods was founded in 1828.

  • Where is Westminster Foods's headquarters?

    Westminster Foods's headquarters is located at 1 Scale Ave, Rutland.

  • What is Westminster Foods's latest funding round?

    Westminster Foods's latest funding round is Recap.

  • Who are the investors of Westminster Foods?

    Investors of Westminster Foods include LaSalle Capital Group.

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