ICV Partners Announces Formation of Desi Fresh Foods
ICV Partners, LLC, a leading investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, announced that it has acquired the Desi Natural and Nogabrands and related assets from Raymundo’s Food Group, LLC, a portfolio company of AUA Private Equity Partners, LLC, to form a new company, Desi Fresh Foods.
Desi Fresh Foods is the leading producer of dahi, or South Asian yogurt, and lassi, a drinkable south Asian yogurt, in the United States. Dahi is a traditional yogurt that is primarily used as an ingredient in South Asian meals, side dishes and beverages. Dahi has a unique blend of sweet and sour taste as well as a firm texture, that makes it an essential staple in many South Asian cuisines. The Desi Natural brand is the leading brand of dahi in the United States.