The Mediterranean Snack Food Company

The Mediterranean Snack Food Company ("MSFC") is a privately owned company based in Boonton, NJ. CEO Vincent James founded MSFC in 2005 as a platform to address increasing consumer demand for healthy, better-for-you ("BFY") snack products. MSFC was seeking capital to fund accelerated growth for its successful line of branded and private label salty snack products sold through the leading national and regional grocery store chains and specialty foodstore channels. Silvergrove was engaged to raise capital for the entrepreneurial growth company. In order to maximize value and minimize dilution for MSFC's existing shareholders, Silvergrove recommended securing bank financing in favor of raising expensive equity capital. The competitive process yielded multiple offers from leading national and regional commercial banking institutions. Growth capital was secured on very favorable terms, allowing MSFC to execute on its ambitious growth strategy .

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