Popular on EntSun
- "Phinge Unveil™" Coming to Las Vegas to Showcase Netverse Patented Verified App-less Platform, AI & Modular Hardware Including Developer Conferences - 133
- David Boland, Inc. Awarded $54.3M Construction Contract by U.S. Army Corps of Engineers, Savannah District - 123
- International Law Group Expands Emergency Immigration Consultations for Somali Minnesotans Amid ICE Actions - 121
- $26 Billion Global Market by 2035 for Digital Assets Opens Major Potential for Currency Tech Company with ATM Expansion and Deployment Plans Underway - 118
- ANTOANETTA Partners With Zestacor Digital Marketing to Expand Online Presence for Handcrafted Luxury Jewelry - 107
- High-Impact Mental Health Platform Approaching a Defining Regulatory Moment: Eclipsing 70,000 Patients on Real World Use of Ketamine: N ASDAQ: NRXP - 105
- UK Financial Ltd Makes History as MayaCat (SMCAT) Becomes the World's First Exchange-Traded ERC-3643 Security Token - 104
- $1 Million Share Repurchase Signals Confidence as Off The Hook YS Scales a Tech-Driven Platform in the $57 Billion U.S. Marine Market - 103
- UK Financial Ltd Announces CoinMarketCap Supply Verification And Market Positioning Review For Regulated Security Tokens SMPRA And SMCAT - 102
- Crossroads4Hope Welcomes New Trustees to Board of Directors as Organization Enters 25th Year of Caring
Similar on EntSun
- IYKYK! Coffee Lab Thriving in Huntington Beach, Blending Elevated Coffee, Matcha, Music, and Community
- Food Journal Magazine Is Shaping the Conversation Around Los Angeles Food in 2026
- Max Tucci Makes His Highly-Anticipated Debut On QVC—unveiling A Bespoke Luxury Chocolate Collection Inspired By 100 Years Of Tucci Hospitality
- Scoop Social Co. Partners with Fairmont Hotels & Resorts to Elevate Summer Guest Experiences with Italian Inspired Gelato & Beverage Carts
- Max Tucci Award-Winning Media Powerhouse Launches New Podcast —Executive Produced by Emmy-Winning Daytime Icons Suzanne Bass & Fran Brescia Coniglio
- Food Journal Magazine Releases Its 'Best Food In Los Angeles Dining' Editorial Section
- Adam Clermont Releases New Book – Profit Before People: When Corporations Knew It Was Dangerous and Sold It Anyway
- Canyons & Chefs Announces Revamped Homepage
- The Wait is Over: Salida Wine Festival Announces Triumphant 2026 Return After Seven-Year Hiatus
- Java Holdings LLC Acquires +Peptide, Expanding Portfolio Across Coffee, Science, and Functional Nutrition
Felbro Food Products Recapitalized By Manangement And New Investment Group
EntSun News/11052267
Founded in 1946, Felbro continues growth in foodservice, retail, and industrial channels
LOS ANGELES - EntSun -- Felbro Food Products, a leading food and beverage manufacturer founded in 1946, has been recapitalized by Felbro Culinary Specialties LLC, a company formed by management, new investors, and members of the founding Feldmar family. Over its nearly 80-year history, Felbro has served customers in the foodservice, retail, and industrial food markets across the United States and internationally. The partnership with new investors with extensive food manufacturing experience positions the company to build on its history of growth.
With two production facilities in Los Angeles and Compton, CA, Felbro develops, blends, packages, and distributes liquid and dry blended foods, including beverages, desserts, syrups, sauces, and soups. Customers include regional and national quick service restaurants, coffee and donut chains, national retailers, grocery chains, foodservice ingredient suppliers, and foodservice distributors.
The new investment group, led by Clover Capital Partners LLC and Evanston Partners LLC, has provided significant liquidity for the founding family and will invest financial and strategic resources into Felbro to further expand its capacity and product capabilities. Felbro will also pursue add-on acquisitions of complementary companies.
More on EntSun News
As part of the transaction, Janet Caldwell joined the company as its new President. Ms. Caldwell was previously with the Gill Corporation where she served as CFO and COO. She has extensive experience in the food manufacturing industry, serving in executive leadership positions at a variety of companies including 11 years as CFO and COO of Kronos Foods.
Daniel Feldmar, whose grandfather and great-uncle founded Felbro, will be continuing in a senior leadership role as Chief Commercialization Officer. He stated, "The recapitalization led by Clover and Evanston will help Felbro accelerate growth while upholding the legacy of our family business. The Felbro team is excited for this new chapter in our long history."
Debt financing for the transaction was provided by Proterra Investment Partners, and the buyer was advised by Levenfeld Pearlstein, LLC. The sellers were represented by CenterPoint M&A Advisors.
About Clover Capital Partners LLC
Clover Capital Partners LLC has been investing in and acquiring food and beverage manufacturing companies since 2011. A value-added partner to lower middle market businesses, Clover and its principals focus on helping management teams navigate generational transition, build scalable infrastructure, and efficiently deploy resources to achieve growth. Co-Founders David Choe and Alex Schneider serve Felbro as investors and directors. For more information please contact us through www.clovercp.com
More on EntSun News
About Evanston Partners LLC
Evanston Partners LLC is a private equity investment firm which partners with management teams to recapitalize, acquire and build small growth companies. We seek to work with partners who demonstrate passion, integrity and strong work ethic and to build already profitable companies with a long-term focus on value creation. Managing Members William V. Glastris, Jr. and Jeffrey D. Ellis serve Felbro as investors and directors. For more information, please contact us through www.evanstonpartners.com
With two production facilities in Los Angeles and Compton, CA, Felbro develops, blends, packages, and distributes liquid and dry blended foods, including beverages, desserts, syrups, sauces, and soups. Customers include regional and national quick service restaurants, coffee and donut chains, national retailers, grocery chains, foodservice ingredient suppliers, and foodservice distributors.
The new investment group, led by Clover Capital Partners LLC and Evanston Partners LLC, has provided significant liquidity for the founding family and will invest financial and strategic resources into Felbro to further expand its capacity and product capabilities. Felbro will also pursue add-on acquisitions of complementary companies.
More on EntSun News
- Outsports announces record-breaking number of LGBTQ+ athletes at 2026 Milan Winter Olympics
- Sheffield Clinic Highlights Safe, Inclusive Laser Hair Removal While Improving Access
- Appliance EMT Partners with Kids Motel Ministry in Metro Atlanta
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- Teri Tobin Releases New Single "Only You" Feat. Saxappeal
As part of the transaction, Janet Caldwell joined the company as its new President. Ms. Caldwell was previously with the Gill Corporation where she served as CFO and COO. She has extensive experience in the food manufacturing industry, serving in executive leadership positions at a variety of companies including 11 years as CFO and COO of Kronos Foods.
Daniel Feldmar, whose grandfather and great-uncle founded Felbro, will be continuing in a senior leadership role as Chief Commercialization Officer. He stated, "The recapitalization led by Clover and Evanston will help Felbro accelerate growth while upholding the legacy of our family business. The Felbro team is excited for this new chapter in our long history."
Debt financing for the transaction was provided by Proterra Investment Partners, and the buyer was advised by Levenfeld Pearlstein, LLC. The sellers were represented by CenterPoint M&A Advisors.
About Clover Capital Partners LLC
Clover Capital Partners LLC has been investing in and acquiring food and beverage manufacturing companies since 2011. A value-added partner to lower middle market businesses, Clover and its principals focus on helping management teams navigate generational transition, build scalable infrastructure, and efficiently deploy resources to achieve growth. Co-Founders David Choe and Alex Schneider serve Felbro as investors and directors. For more information please contact us through www.clovercp.com
More on EntSun News
- Casting Accountability Is Craft: An Intentional Cultural Lens Framework — Paul Sinacore, CSA
- Animal Farm at Theatre School @ North Coast Rep
- JazzAntiqua Dance & Music Ensemble presents THE STORIES WE TELL
- Tech Workers Are Escaping "Forever Layoffs" By Becoming Their Own Boss
- Indie Horror Film 'Mamochka' Features Monster Doll with Ties to History's Most Reviled Villains
About Evanston Partners LLC
Evanston Partners LLC is a private equity investment firm which partners with management teams to recapitalize, acquire and build small growth companies. We seek to work with partners who demonstrate passion, integrity and strong work ethic and to build already profitable companies with a long-term focus on value creation. Managing Members William V. Glastris, Jr. and Jeffrey D. Ellis serve Felbro as investors and directors. For more information, please contact us through www.evanstonpartners.com
Source: Evanston Partners LLC
0 Comments
Latest on EntSun News
- Rare 3-D Film of Legendary Modern Dance Pioneer, Carmen de Lavallade Restored 73 Years Later
- Food Journal Magazine Is Shaping the Conversation Around Los Angeles Food in 2026
- MITSUYA PLATING Expands ONE-STOP Service for US-based Medical Device, Semiconductor and Aerospace Manufacturers
- Three Italian Tenors to Perform in Fort Myers, Florida
- Voiset AI Planner Launches Smart Booking: Real Estate Agents, ADHD Coaches, Sales Teams End Calendar Chaos
- Falling in Love with Winter Eyewear Trends: The Best Glasses of the Season
- Max Tucci Makes His Highly-Anticipated Debut On QVC—unveiling A Bespoke Luxury Chocolate Collection Inspired By 100 Years Of Tucci Hospitality
- CLIKA Built Authenticity at Studio Scale Through a Cultural Lens — Casting Director Paul Sinacore
- The Ms. Corporate America Maryland Competition Returns for an Unforgettable Evening of Leadership, Excellence, and Empowerment
- 3 Percent Global Expands Its Independent Music Operations on a Global Scale
- Independent Artist Slyide Turning Heads Around The World
- Precision Adult Care Expands 24/7 Adult In-Home Care Services to Meet Growing Demand in the Coachella Valley
- Metavalis Launches Massive Community Coat Drive in Branson to Support Local Residents
- Jim Breuer is Coming to The Eichelberger Performing Arts Center This May
- Ashley Wineland To Release Fiery Full-length Album "Wineland"
- Three-Time GRAMMY-Nominated Queen Sheba Commands the Cultural Conversation
- 4th Annual Members Sync & "Crush Your Craft: Grammy Edition" Unite DC's Grammy Community in LA
- Fashion Sourcing – Your Trusted Buying Agent for Apparel, Accessories, and Textiles
- Fashion Sourcing: We Manage the Entire Apparel Process From Concept to Production
- Robert D. Botticelli Promoted to Century Fasteners Corp. – Director of Sales
