Stonegate Capital, a division of SG Credit Partners, a family office-backed lender providing capital to lower middle-market businesses and entrepreneurs, closed a senior debt investment Van Leeuwen Ice Cream.
Founded in 2008 by brothers Ben and Pete Van Leeuwen and Laura O’Neil, Van Leeuwen began as a single ice cream truck and quickly grew into a nationally recognized brand known for its made-from-scratch dairy and vegan ice creams which are available online, in stores and at more than 30 scoop shops across the country. The company sources high quality ingredients and uses simple recipes to create the best ice cream for all.
“Innovation has been at the center of the company’s success having first ascended as a leader in ice cream, to the development of unique and wildly popular flavors, to the most recent launch of their ice cream bars,” Dan McCallum, director at Stonegate Capital, said. “Van Leeuwen’s approach to making the best products with the best ingredients was an ideal fit for our investment philosophy to support mission-driven market-leaders.”
“Stonegate Capital has been a valued partner since we started our relationship in early 2022. They consistently show a deep understanding of the complexities and flexibility needed to assist a high-growth and innovative company in the ice cream space. They have become an invaluable member of our extended team as we balance both our scoop shop and wholesale channels growth,” Ben Van Leeuwen, CEO and co-founder of Van Leeuwen Ice Cream, said.
