Bridges Fund Management has sold Impact Food Group, a leading UK school catering company, to THI Investments, aiming to enhance the provision of nutritious meals in schools.
Information on the Target
Impact Food Group (IFG) is a prominent catering company in the UK dedicated to enhancing the quality of school meals. Founded in 2018 by merging two leading catering services, IFG aims to serve nutritious food while fostering a positive food culture among children. The company is committed to providing high-quality meals designed to improve both health and educational performance in schools.
As concerns around child obesity increase, with one in three 11-year-olds classified as overweight, IFG recognizes its crucial role in addressing these pressing issues. The company's initiatives include healthier recipes, demonstrated by significant reductions in fat (13%), sugar (11%), and salt (41%) in their offerings this year. By collaborating with parents and students, IFG promotes healthy eating habits, significantly enhancing the dining experience in schools.
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Industry Overview in the Target’s Specific Country
The school catering industry in the UK is evolving rapidly in response to growing health concerns among children. This sector has witnessed increased scrutiny regarding the nutritional value of meals served in educational institutions. With a rising awareness of ch
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THI Investments
invested in
Impact Food Group
in 2023
in a Other Private Equity deal