Shore Capital Partners to provide financing to Main Street Gourmet
Main Street Gourmet was launched in 1987 as a muffin shop, in Akron, Ohio, but later became a bakery wholesaler. In 1995, the company moved into a larger plant. In 2011, Clover bought a majority holding, and Main Street Gourmet recently added another 12,000 square feet to its HQ, which now has 160 employees.
After Shore Capital Partners closed its first food/beverage fund, back in April of this year, the company started looking for a new baking company to support, and Main Street Gourmet fit their qualifications to a T. In September, they bought 100 percent of the bakery for an undisclosed sum.