Highwood Farms announced today that it has acquired Mediterranean food manufacturer, Tarazi Specialty Foods, Inc. Tarazi has been an innovator and leader in the food service industry for nearly 40 years. Its signature products, Tahini and Falafel Mix, are made using "the old world" Tarazi family recipe. Tarazi strives to manufacture non-GMO, gluten-free, wheat-free and dairy-free products. These products are key ingredients in food service manufacturing facilities, restaurants, and family kitchens worldwide. They are available via retail stores, food service distribution, or may be purchased direct.
"We are very excited about becoming part of the Tarazi family," commented Alexandra Vorbek, owner of Highwood Farms. "We look forward to continuing the tradition of this premium Mediterranean food brand, and creating the highest quality of products. From the original founder, Faraj "Fred" Tarazi, to the current generation that runs the business today, we are elated to step into such a first-class organization."
Previous owner of Tarazi, Nabil Huleis, stated, "Tarazi has been in our family for 40 years and we are incredibly confident that the Highwood Farms team is the best choice to operate our trusted brand, and will continue to deliver the healthy, premium products that we developed over the last four decades."
Tarazi Specialty Foods is a major addition to Highwood Farms' portfolio of food-related companies, including Tank18 winery and tasing room in San Francisco and Duende restaurant in Oakland, CA.
Ms. Vorbeck was assisted in the transaction by CCM Management Group and CriticalPoint Partners. No financial terms were disclosed.
About Highwood Farms:
Bringing old style farming techniques to a neglected avocado orchard, Highwood Farms is committed to growing and producing all-natural foods including avocados, eggs and pork using organically based methods for food production.
About CCM Management Group:
CCM Management Group is a multi-family office, headquartered in Los Angeles, which serves the business and financial needs of high net worth families. Its platform provides the expertise, insight and framework to streamline the complexities of its clients' financial lives.
About CriticalPoint Partners:
CriticalPoint Partners is a business advisory firm, headquartered in Los Angeles, focused on sourcing, negotiating and executing a range of outsourced corporate finance solutions to enhance shareholder value. CriticalPoint Partners builds customer-centric, long-term partnerships with our representative clients to create strong relationships that span the course of multiple transactions.