Snack Foods / Candy / Ice Cream

Sale of Helen Grace Chocolates, a leading manufacturer and retailer of chocolate candy specialties primarily for the fund raising market. -------------------- Acquisition of a segment of Ben Myerson Candy Company Adams & Brooks Candy Company as the buy-side client. ----------------------- Grand Avenue Capital was engaged by the shareholders of Choctál, Inc. to sell the Company to maximize shareholder value. Choctál produces the only single-origin vanilla and chocolate, ultra-premium ice cream on the market. Choctál’s products were sold in over 450 stores spanning California, Arizona, Texas, Colorado, New York, and several states in the Southeast. Choctál’s products received critical acclaim from food reviewers and favorable commentaries have appeared in The New York Times, the Wine Spectator, and on the Food Channel. Grand Avenue initially sought an equity partner to fund the spectacular growth the Company experienced, ultimately holding discussions with a number of strategic candidates and consumer-brand focused private equity groups. Ultimately, the Company was sold to an industry leader SheerBliss Ice Cream, also a strong provider of gourmet ice cream brands nationwide.