Author of the article:
Published Mar 06, 2023 • 1 minute read
Join the conversation
MIAMI — Miami Beef Company Inc. (“Miami Beef” or the “Company”), a portfolio company of Trivest Partners, LP (“Trivest”), announces the acquisition of Brooklyn Burger and Devault Foods.
Brooklyn Burger is a frozen burger brand primarily serving grocery and retail customers across the United States. Brooklyn Burger’s products include Original Steakhouse Burgers, Wagyu Beef Burgers, Premium Blend Burgers and All Natural Angus Steakhouse Burgers.
Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300
Since 1949, Devault Foods has been a leading supplier of burgers, meatballs, and steaks to restaurants across the Northeast and Midwest. Devault expands Miami Beef’s presence in foodservice through one of the most reputable brands in the industry.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada.
Unlimited online access to articles from across Canada with one account Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on Enjoy insights and behind-the-scenes analysis from our award-winning journalists Support local journalists and the next generation of journalists Daily puzzles including the New York Times Crossword SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada.
Unlimited online access to articles from across Canada with one account Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on Enjoy insights and behind-the-scenes analysis from our award-winning journalists Support local journalists and the next generation of journalists Daily puzzles including the New York Times Crossword REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience.
Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors “We are energized by these first two acquisitions for Miami Beef—Brooklyn Burger and Devault Foods represent talented management teams, innovative products, and very strong brands that we’re excited to continue building. Miami Beef has tremendous plans for growth through additional add-on acquisitions,” added Robert Young, CEO of Miami Beef.
About Miami Beef
Since 1972, Miami Beef has been an industry leader in providing quality fresh and frozen meat products to retail and foodservice customers nationwide. Miami Beef brands including Florida Raised, Young Ridge and Free Graze are produced out of their South Florida based facility. For more information, visit www.miamibeef.com
About Trivest
Trivest Partners, with offices in Miami, Charlotte, Chicago, Los Angeles, Philadelphia, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 500 investments, totaling approximately $8 billion in value. The firm has roughly $4.5 billion in assets under management, with a growing team of 70 professionals. For more information, visit www.trivest.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005744/en/
Contacts
Jonathan Schonfeld
Trivest Partners
(305) 858-2200
