% of platform investments since 2000
to % of total platform investments since 2000
The Anderson team worked with me to complete the daunting task of carving out the WCB Ice Cream business from its corporate parent, then strategically building the business for long term growth. It was a real challenge that resulted in a long period of successful performance at the business and a very strong partnership with Anderson. The Anderson team was in no rush to sell the business despite much unsolicited interest over the years; any time an offer to sell the business came in, they would just forward it to me and ask if I was interested. The day I finally said ‘yes,’ we put a process in place and were closed soon thereafter.
La Bella Sausage was a premier regional manufacturer and distributor of fresh and fresh-frozen private-label sausage products to some of the largest retail and grocery store chains across the eastern United States.
Situation at the Time of The Anderson Group’s Investment: La Bella had developed strong, private-label relationships with two major grocery chains. However, the company lacked the requisite capital resources, management depth and operational capabilities to execute on growth opportunities within its existing customer base.
Outcome: La Bella successfully diversified its customer base, increased shelf space and expanded distribution. Within seven years of Anderson’s investment, sales and profitability tripled and the company was sold to a strategic acquirer.
I started this business as a service to local delis before landing a major grocery chain. Anderson worked with me to transform the business into more than I had imagined. Partnering with the Anderson guys enabled me to place greater focus on executing the growth strategy by removing all the pain points I had when running the business by myself. When I decided it was time to exit, Anderson stood behind me, and we all enjoyed a successful exit. I could not have asked for a better partnership.
CEO Labella Sausage