CapX Alleviates Growing Pains for Imperial Frozen Foods
“It was a pleasure working with Imperial and Kenex on the transaction. Together, we structured a debt facility that’ll allow the Company to bring the manufacturing process in-house. We look forward to reviewing future growth capex opportunities with both Imperial and Kenex.” – Jeffrey Pfeffer, Managing Partner at CapX Partners
Imperial Frozen Foods was introduced to CapX Partners by its Chicago based private equity owners, Kenex Holdings. CapX learned that Imperial had generated consistent growth in recent years, but continued to be hindered by capacity constraints. Kenex and Imperial approached CapX to procure and finance packaging equipment that will allow Imperial to transition into a self-manufacturer, which will in turn alleviate capacity constraints.
In 1999, Jeff co-founded CapX and is the firm’s Managing Partner. His responsibilities include firm management, leading new business development, and serving as CFO for CapX.
Jeff has over three decades of small to midsize business finance experience focusing on delivering superior risk-adjusted returns to CapX’s investors. He co-founded the firm during an investment vintage when alternative secured financing strategies were deemed not “sexy.” He and his partners raised over $450...