Joseph’s manufactures frozen Italian pastas, specialty sauces, tray meals and other food kits for national restaurant chains, foodservice distributors, retailers and other industrial clients.
NewSpring Capital, Radnor, Pa., announced that NewSpring Mezzanine, the firm’s mezzanine strategy, completed its investment to support the acquisition of Joseph’s Frozen Foods, Haverhill, Mass., in partnership with LaSalle Capital, Chicago.
Joseph’s manufactures frozen Italian pastas, specialty sauces, tray meals and other food kits for national restaurant chains, foodservice distributors, retailers and other industrial clients. Joseph’s plans to fuel its next phase of growth by continuing product innovation and facilitating production capacity expansion.