Investment

A classic family office co-investment deal

In a classic co-investment deal, Pritzker Private Capital has joined forces with single-family office HF Capital to buy a stake in US-based Monogram Foods.

Monogram is led by its co-founders Karl Schledwitz and Wes Jackson, who started the business in 2004. They will remain involved with the business along with other members of the founding team. The PPC deal, the terms of which weren’t disclosed, will provide Monogram with money, and expertise, to tackle new opportunities, including acquisitions. It currently produces a range of snacks, sandwiches, bacon and appetisers.

PPC has put together a string of co-investment opportunities, helping its affiliates to grow through capital investment, bids and deals. 

HF Capital has served several generations of the Haslam family, based in Knoxville, Tennessee. It raised $226 million for a pooled fund in April. It has not disclosed the size, or cost, of the Monogram deal. 

HF manages a diversified portfolio with a long-term focus, including private assets. Its chief investment officer is Andrew Seamons who joined in September 2020 after 18 years at Pitt Hyde’s Pittco Management family office, where he also led investments. He has been a director at Monogram Foods for nearly 17 years.  

The Haslam family started Pilot Travel Centers in 1958 and built up a nationwide chain of service stations for truckers called Pilot Flying J through a series of mergers and acquisitions. It bought control of the Cleveland Browns football team in 2012.

 

Subscribe

You will need a Premium Plus Subscription to access this database.

Exclusive news, analysis and research on global family enterprise and private investment offices.

Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises.

Check Deal Data, Senior Staff, and New Analysis on more than 500 family/principal investment and holding groups

Already have an account? Login

Subscribe

You need at least a Premium Subscription to read this article.

The most comprehensive information service on the global family enterprise world, featuring exclusive news, analysis, research and data on global family enterprises, family offices, and private investment offices.

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

You've reached the end.

Continue reading free articles by registering as a Member.
Or choose a Premium Plan.

Membership

Free

  • Exclusive reports, analysis and commentary
REGISTER NOW

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

Leave a Reply