The 35-year-old company specializes in roast beef, corned beef, pastrami, shredded beef, pot roast and specialty pork products.
“We have retained Equity Partners to ensure all options are explored that will allow the company to be properly capitalized and well positioned to grow with our customers and continue to provide offerings consistent with our storied legacy,” said BI President Kevin Ingraldi in a statement. “Many years ago, I followed my father into the business and have spent my entire adult life as a part of this team. I’m excited to see what the next chapter holds for us. ”
The company recently made investments to increase automation and efficiency, but long-term plans for the company necessitate additional capital, according to the company.
“We are investing in our plant to ensure that we continue to produce the highest quality products, in an efficient and cost-effective manner,” Ingraldi said.
Equity Partners HG is based in Baltimore.