Valante Capital, through Ascend Fund II, Acquires Strategic Stake in American Foods | PR Newswire [Video]

IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries.

, /PRNewswire/ — Valante Capital, the Private Equity arm of IDC Network—a multi-platform asset manager with $2.2 billion in assets under management—is pleased to announce the acquisition of a significant stake in American Foods, a leading distributor of consumer goods from the U.S. to Latin America. This strategic investment aligns with Valante Capital’s vision of investing in high-growth companies, particularly within the consumer goods sector, and creates new expansion opportunities for both organizations.

Strengthening Regional Expansion

With this acquisition, Valante Capital adds a key player in the food distribution industry to its portfolio, one that is exceptionally well-positioned to continue its expansion across over 25 countries. The investment will enable American Foods to accelerate its growth plans across the U.S., Latin America, and the Caribbean, furthering its mission to deliver high-quality …