Cascadia Capital, an investment bank serving middle market clients globally, acted as the exclusive financial advisor to Westward Partners on its exit of portfolio company Cascade Coffee to LaSalle Capital. John Gilbert, CEO of Cascade, will continue to lead the company through this next phase of growth and expansion.
“Coffee has long captured the attention of capital as a category of interest, known for its consistent and growing demand function,” Erik Einwalter, managing director at Cascadia, said. “Cascade built a reputation as the leading independent contract producer in the segment, which led to an exceptional customer list and white space for growth.”
“This transaction highlights continued strategic and financial investor appetite for high quality contract and private label food manufacturing assets,” Ryder Thomas, vice president of Cascadia, said. “Cascade Coffee exemplified the attributes of a premium asset in this space, and we were grateful for the opportunity to work with the team to drive a successful outcome.”
