NEW YORK – Private equity firm Bregal Partners has invested in Oggi Foods Inc., a Montreal-based manufacturer of gluten-free, organic, GM-free frozen pizza and other food products sold in grocery stores and restaurants across North America. Financial terms of the investment were not disclosed.
Founded in 2015, Oggi uses proprietary gluten-free recipes and a hand-made crust process that gives the company’s signature Neapolitan-style pizzas a doughy, naturally rising crust. In addition to traditional gluten-free pizzas, Oggi offers several 100% vegan and plant-based frozen meat pizza formats. The company also offers Dolce Vita baking mixes.
“We have been impressed with the quality of Oggi’s products and the company’s growth over the past few years, and we are delighted to have this opportunity to partner with the founders and management of Oggi in this next exciting phase of growth,” said Charles Yoon , managing partner of Bregal Partners.
Joe Turturici, Co-Founder and CEO of Oggi, added, “At Oggi we have worked hard to create what we believe to be the best gluten-free frozen pizza on the market and we look forward to working with Bregal to take our business to the next level. “
Bregal’s investment was led by Charles Yoon, Thomas Kearney, Kevin Deemer, Omar Nabhani and Andy Neumann.
Bregal Partners is a private equity firm with $ 1.25 billion in committed capital. Founded in 2012, the company specializes in three core industries: Consumer and Multiple Units, Food and Beverage, and Business Services. The company’s portfolio includes The Mochi Ice Cream Co., American Seafoods, Blue Harvest Fisheries, Ruby Slipper Cafe, and West Coast Salmon.