The Grote Company Family of Brands have sold a minority interest to BBH Capital Partners Private Equity
Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce that it served as the exclusive investment banker to J.E. Grote Company, Inc. and its wholly owned subsidiaries (collectively “Grote” or the “Company”) in its sale of a minority interest to Brown Brothers Harriman Capital Partners Private Equity (“BBHCP”).
Headquartered in Columbus, Ohio, Grote is a global leader in high-end commercial food processing and automation solutions. Founded in 1972, the Company was the first-mover and creator of the automated “slice-and-apply” product category in the pizza industry. The Company has since amassed a strong legacy of innovation, continually expanding its portfolio across all food categories both in the U.S. and internationally. Today, Grote serves as a one-stop provider of highly engineered, customized automation solutions, including assembly lines, slicers, applicators, conveying systems, peelers, washers, and hydro cutters, along with a comprehensive lineup of consumable replacement parts and service offerings. Its “Family of Brands” brings together five complementary businesses – including Grote, Vanmark, PFI, ProFab, and SPI – to deliver integrated, end-to-end solutions to customers worldwide.
BBHCP is the private equity arm of Brown Brothers Harriman & Co., a financial services firm with a legacy spanning over 200 years. BBHCP partners with growth-oriented, middle-market companies, offering thoughtful and flexible capital solutions. With the ability to invest in both control and non-control positions, BBHCP supports a range of transactions, including management and leveraged buyouts, growth financing, recapitalizations, buy-and-build strategies, and acquisitions.
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The Grote Family of Brands have sold a minority interest to Brown Brothers Harriman Capital Partners Private Equity.
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