Private equity firm acquires Daniele International
Daniele produces specialty Italian charcuterie and deli meats.
Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm, acquired Daniele International, Mapleville, R.I.
Daniele produces specialty Italian charcuterie and deli meats, including prosciutto, salame and snack packs to club, mass and grocery customers under the Daniele and Del Duca brands as well as private label products for retailers. Daniele employs approximately 600 people across three facilities.
“I have known the Dukcevich family and Daniele for many years, and we are incredibly excited to add Daniele to our e2p portfolio,” says Mark Burgett, managing partner at e2p. “Daniele has developed industry-leading brands and product offerings as a result of its dedication to authenticity, quality and strong product innovation.”
“We are excited to leverage our experience and networks in the food industry to help Daniele continue to identify and capture growth opportunities,” adds CJ Fraleigh, managing partner for e2p.
“Our family has dedicated over 70 years to growing Daniele. We selected e2p as our partner for the company’s next stage because of their blend of hands-on operational experience and demonstrated ability to create value in food companies for all stakeholders. I know our amazing team of dedicated employees is excited to pursue even more opportunities to thrive with this important partnership. We look forward to continuing to provide our customers with the high-quality products they’ve come to know and love, and much more,” says Vlado Dukcevich, chief executive officer of Daniele.