San Francisco, California, October 28th, 2024 – Encore Consumer Capital (“Encore”), a private equity firm that invests exclusively in leading consumer products companies, is pleased to announce the acquisition of DeIorio, LLC (“DeIorio’s”).
DeIorio’s, based in Utica, NY, is a manufacturer of customized pizza dough balls, pre-formed crusts, and shells serving pizza restaurants, convenience stores, foodservice operators and grocery retailers in North America. Encore is excited to partner with the current CEO, Luis Pereira, and the senior management team.
“Encore brings deep industry experience and is the right partner to support us as we continue on our growth trajectory,” said DeIorio’s CEO, Luis Pereira.
Kate Wallman, Managing Director of Encore Consumer Capital, said, “We love businesses that help retail and foodservice operators pull labor out of their operations – DeIorio’s has a ton of momentum and we are excited to help them build out capacity and expand their current capabilities.”
DeIorio’s is actively seeking add-on acquisitions in the frozen dough space. Please contact us about any opportunities that might be a fit.
ABOUT ENCORE CONSUMER CAPITAL
Encore Consumer Capital is a private equity investment firm focused on the consumer products industry. The firm has raised over $900 million in committed capital and invested in over 40 companies in the sector. Encore’s current and prior investments include food and beverage manufacturers and marketers, pet products companies, personal care/beauty companies, and food distribution companies. The firm targets companies with between $10 million and $150 million in annual revenues where Encore’s strong expertise in strategy development, brand marketing, manufacturing and supply chain optimization, and distribution expansion can drive performance.
www.encoreconsumer.com