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Nutter Represents Demers Food Group in $2.1 Million Financing Round
Print PDFBoston – Nutter advised Demers Food Group Inc. in a round of financing led by Arbel Growth Partners LP, the private equity firm led by Carl Lee, the former president and CEO of Snyder’s Lance, Inc. Will Bernat, a partner and co-chair of Nutter’s Emerging Companies Group, led the deal team, which included Meghan Kelly, an associate in the firm’s Corporate and Transactions Department.
Based in Maine, Demers Food Group is the parent company of Cheating Gourmet and Brava Meat Co. Cheating Gourmet offers high-quality, unique, and premium frozen seafood. In addition to its specialty appetizer line, Cheating Gourmet will concentrate its growth in the value-added seafood space through its shrimp bowl business. The company’s products are sold in more than 2,500 stores with retailers such as Kroger, Ahold, Shoprite, Shaws, and Harris Teeter.
Nutter’s Food & Beverage group represents clients at every stage of growth, including brands, brand executives, retailers, enabling technology companies, angel investors, venture investors, private equity investors, and strategic investors. With a deep understanding of this marketplace, Nutter’s Food and Beverage group is an interdisciplinary team of lawyers with expertise in a wide variety of areas, including corporate organization and structuring; tax planning; angel, venture, and private equity financing; asset based, venture, and traditional lending; vendor, co-packing, and manufacturing arrangements; global distribution and licensing; warehousing and fulfillment; joint ventures; advertising and product placement; and much more.
About Nutter
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s competitive business environment. For more information, please visit www.nutter.com and follow us on LinkedIn.
