Tecum Capital Partners II, L.P. has invested in DelGrosso Foods Inc. to support the expansion of its manufacturing capacity and job growth, leveraging DelGrosso's rich heritage and market position in the specialty sauces industry.

Information on the Target

Tecum Capital Partners II, L.P. has announced its latest investment in DelGrosso Foods Inc., a long-established leader in the formulation and manufacturing of premium tomato-based sauces, including pasta sauces and salsas. Founded in 1947, DelGrosso proudly holds the title of the oldest family-owned pasta sauce manufacturer in the United States. The Company specializes in creating branded, private label, and co-manufactured sauces, achieving excellence through developing custom recipes and producing high-quality products for major domestic grocers and consumer packaged goods companies.

DelGrosso operates a 130,000 square foot manufacturing facility located in Tipton, Pennsylvania. Recently, the Company has acquired a 166,000 square foot vacant facility in Antis Township, which it plans to convert to expand its manufacturing capabilities. This initiative is crucial for increasing production capacity, thereby preserving over 90 jobs at the Tipton facility and creating an additional 50 new manufacturing jobs in Antis Township.

Industry Overview in the United States

The food manufacturing industry in the United States is characterized by significant growth and innovation. The demand for convenience foods has surged, with consumers seeking high-quality, ready-to-use sauce