Clover Capital Partners

Clover Capital Partners is a private equity firm based in Evanston, Illinois, founded in 2009. The firm specializes in investments within the food and beverage industries, as well as consumer products and services sectors. Clover Capital Partners adopts a flexible investment approach tailored to the unique needs of privately-held companies and their owners. By focusing on a limited number of businesses, the firm provides financial capital, operational resources, and strategic leadership. Additionally, Clover Capital Partners is prepared to take on operational roles when necessary to enhance the growth and success of its portfolio companies.

David Choe

Co-Founder and Partner

6 past transactions

Cleveland Kitchen

Series A in 2022
Cleveland Kitchen, also known as Cleveland Kraut Ltd, is a producer and retailer of sauerkraut and other fermented food products. Founded in 2013 and based in Cleveland, Ohio, the company offers its products through both online platforms and retail stores. Cleveland Kitchen focuses on crafted fermentation, emphasizing quality and flavor in its offerings.

Big Easy Blends

Private Equity Round in 2021
Big Easy Blends is a local start-up that specializes in producing beverages designed for convenience and portability. Launched in 2009, the company's flagship product, Cordina mar-GO-ritas, is an all-natural frozen margarita offered in a stand-up flexible pouch, allowing consumers to enjoy frozen cocktails on the go. In addition to margaritas, Big Easy Blends also creates a variety of frozen beverages, including daiquiris and piña coladas, all packaged in sealable pouches. These products are available in local retailers, convenience stores, hotels, bars, and restaurants across several states, including Louisiana, Texas, California, and Florida, making it easy for consumers to access refreshing drinks wherever they are.

Cleveland Kitchen

Seed Round in 2017
Cleveland Kitchen, also known as Cleveland Kraut Ltd, is a producer and retailer of sauerkraut and other fermented food products. Founded in 2013 and based in Cleveland, Ohio, the company offers its products through both online platforms and retail stores. Cleveland Kitchen focuses on crafted fermentation, emphasizing quality and flavor in its offerings.

Koia

Series A in 2017
Koia is a food and beverage company based in Los Angeles, California, that specializes in manufacturing plant-based protein drinks. Founded in 2014, the company aims to empower individuals through nutrition derived from plants. Each 12 oz bottle contains 15-19 grams of plant-based protein and is crafted with natural ingredients, boasting a variety of flavors while maintaining low sugar content, with less than 5 grams per serving. Koia's products are designed to be healthy and convenient, featuring plant-based fats and fiber, and are free from dairy, soy, and gluten, catering to a diverse range of dietary preferences.

Wilde Brands

Venture Round in 2015
Wilde Brands Inc. is a manufacturer based in Boulder, Colorado, specializing in whole food and nutrient-dense snacks. Established in 2014, the company produces a variety of meat-based protein snacks, including protein chips and snack bars made from premium lean meats, cassava root, and coconut oil. Its product lineup features flavors such as barbecue, buffalo, jalapeño, and salt and vinegar chips. Wilde Brands focuses on offering healthy snack options that cater to meat lovers, providing them with nutritious alternatives that combine taste and quality.

Main Street Gourmet

Acquisition in 2011
Main Street Gourmet is a manufacturer of custom muffins, cookies, brownies, granola, and other sweet bakery foods for restaurant chains and in-store bakeries.Main Street Gourmet is a custom bakery specializing in a wide variety of custom foods such as cookies, muffins, granola, brownies and desserts.Main Street Gourmet sales and Product Development teams have extensive experience in creating unique and tantalizing bakery products that enable food operators to deliver superior results. Custom bakery products give control back to the operator by delivering signature baked goods for their customers.
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