Houlihan Lokey Advises Little Dish

Transaction: Houlihan Lokey Advises Little Dish

Houlihan Lokey is pleased to announce that Little Dish has received a growth equity investment from Profile Capital Management LLC (Profile Capital), who also acquired shares from early-stage investors. The transaction closed on August 24, 2017.

Little Dish, the U.K. leader in healthy, nutritious food for toddlers, has partnered with Profile Capital, a U.S. family office, to further accelerate U.K. growth and fund market entry to the U.S. The deal is valued at £17 million ($21.5 million).

Little Dish CEO Dean Brown and Founder Hillary Graves, a husband and wife team, maintain significant ownership in the company and will continue to run the business in both the U.K. and the U.S.

The company launched its range of fresh meals for toddlers in a handful of stores in 2006 and is now trading nationally with all major U.K. grocers. The brand continues to grow at 40% year on year and has extended into healthy snacks and nutritious kitchen cupboard staples. 

Profile Capital is a Chicago-based family office focused on partnering with entrepreneurs and executives to accelerate the long-term growth of mid-market enterprises with differentiated business models, sustainable competitive advantages, and demonstrated management capability. The firm’s permanent source of patient capital allows for a flexible investment mandate. Profile Capital is led by Founder and President Benjamin D. Chereskin.

RELATED: Consumer