Investment Summary

Altamont Capital Partners Invests In Mini Melts

On January 9, 2024, private equity firm Altamont Capital Partners invested in food company Mini Melts

Investment Highlights
  • This is Altamont Capital Partners’ 4th transaction in the Food sector.
  • This is Altamont Capital Partners’ 42nd transaction in the United States.
  • This is Altamont Capital Partners’ 2nd transaction in Connecticut.

Investment Summary
Date 2024-01-09
Target Mini Melts
Sector Food
Investor(s) Altamont Capital Partners
Deal Type Growth Capital
Advisor(s) Raymond James - Investment Banking (Financial)
Stradley Ronon (Legal)

Target

Mini Melts

Norwich, Connecticut, United States
Mini Melts distributes ice cream including popular flavors, such as Cotton Candy, Cookies & Cream, and fan favorite, non-dairy Rainbow Ice through Automated Kiosks, Grab and Go Freezers, custom serving carts, and huts all with -40F cryogenic freezers. Mini Melts is based in Norwich, Connecticut.

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Investor(S) 1

Investor

Altamont Capital Partners

Palo Alto, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Altamont Capital is a private equity group focused on acquiring US-based middle-market companies. The Firm has a particular interest in companies undergoing a transition, either operational or strategic, in which Altamont believes it can help navigate. Altamont can invest up to $150 million of equity per transaction and looks for businesses with EBITDA up to $100 million. The Firm prefers control transactions and targets a range of transaction types, including corporate carve-outs, build-ups, take-privates, and founder transitions. Sectors of interest include business services, financial services, industrials, healthcare, consumer, retail, restaurants, franchising, and technology. Altamont Partners was formed in 2010 and is based in Palo Alto, California.

DEAL STATS #
Overall 48 of 49
Sector (Food) 4 of 4
Type (Growth Capital) 19 of 20
State (Connecticut) 2 of 2
Country (United States) 42 of 43
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Hadron

Alpharetta, Georgia, United States

Hadron is a hybrid insurance carrier that provides technology, services, and balance sheet capital capacity to managing general underwriters. Hadron is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Big Top

Perry, Florida, United States

Big Top is a designer and manufacturer of semi-permanent fabric structures. The company sells to commercial, industrial, and military customers. Big Top was founded in 1979 and is based in Perry, Florida.

Buy -
Mergr

Product

Company

Legal