MasterClassTM

Capital Roundtable

Sponsor

Association Partners

Research Partners

Media Partners

Partial List of
Past Attendees

1-800-Flowers.com Inc.

Akoya Capital Partners LLC

AlixPartners LLP

Allscope Media

Alvarez & Marsal Holdings LLC

Alvarez & Marsal Transaction Advisory Group LLC

American Beverage Corp.

Anchin Capital Advisors LLC

Angelo Gordon & Co. LP

Apple & Eve LLC

Apta Capital LLC

Arlon Group LLC

Baker Tilly Virchow Krause LLP

Bank of the West

Barnhorn Growth Advisors

BB&T Capital Markets

BDO USA LLP

Beekman Group LLC

Beverage Business Insights

Billow Butler & Co. LLC

Biscuits Leclerc Ltd.

Blake Cassels & Graydon LLP

BMO Harris Sponsor Finance

Bollinger Wells Lett & Co. Inc.

Bruckmann Rosser Sherrill & Co. LLC

Brynwood Partners LP

C. W. Downer & Co. LLC

Cabrera Capital Markets LLC

Capital A Partners

Capital One NA

Carter Morse & Mathias

Cascadia Capital LLC

CCC Investment Banking

CDC Software Corp.

Celebration Foods Inc.

Centerview Capital Consumer

Charlesbank Capital Partners LLC

Chatham Capital Partners Inc.

CIT Group Inc.

Claridge Foods

Clemens Family Corp.

Cogent Group LLC

Colliers International Inc.

Colliers International Inc.

Columbus Foods Inc.

Covington & Burling LLP

Crucial Quest LLC

David N. Deutsch & Co. LLC

Davis & Gilbert LLP

Del Monte Foods

Deloitte & Touche LLP

Dickstein Shapiro LLP

Direct Digital LLC

Dryden Investments LLC

Duff & Phelps LLC

Empeiria Capital Partners LLC

Encore Consumer Capital

Ernst & Young Capital Advisors LLC

Ernst & Young LLP

ETC Capital LLC

Faegre Baker Daniels LLP

First Atlantic Capital Ltd.

Flaherty & O'Hara PC

Food Institute

Founders Equity Inc.

Freeborn & Peters LLP

Frontenac Co. LLC

GE Capital

George K. Baum Capital Advisors LLC

George Weston Ltd.

Ghafari Associates LLC

Golden Boy Foods Ltd.

Grant Thornton LLP

Grassi & Co.

Gryphon Investors

Hahn Loeser & Parks LLP

Harris Williams & Co.

HT Capital Advisors LLC

Humus Capital Partners LLC

Institute of Culinary Education

J. W. Childs Associates LP

KeyBanc Capital Markets Inc.

KG Associates

Kincannon & Reed Inc.

KKR Capstone

Kua Mex Foods

Landis Rath & Cobb LLP

LaSalle Capital Group

Latham & Watkins LLP

Lazard Middle Market LLC

Lincoln International LLC

Lincolnshire Management Inc.

LJS Consulting LLC

Lucas Group Inc.

Luther King Capital Management Corp.

MamaMancinis LLC

McGladrey

McKeeCo. Services LLC

Morton Capital LLC

Nassau Candy Inc.

Navistrate LLC

NewStar Financial Inc.

Nielsen Co.

Nixon Peabody LLP

North Castle Partners LLC

Olam Americas Inc.

Orrick Herrington & Sutcliffe LLP

Parkway Capital Investors LLC

Parthenon Group LLC

Pepper Hamilton LLP

Plante & Moran PLLC

Plex Systems Inc.

Pohlad Companies Inc.

Profit Velocity Solutions

R&R Ventures Inc.

Rabo Securities USA Inc.

Rich Products Corp.

RMH Foods LLC

Robert W. Baird & Co. Inc.

RSR Partners

S. H. Martin & Co. Inc.

Salus Capital Partners LLC

Sawaya Segalas & Co. LLC

Scott-Macon Ltd.

Solar Capital Ltd.

SOLEX Fine Foods LLC

Stifel Investment Banking

Sunny Delight Beverages Co.

SunTrust Robinson Humphrey Inc.

Swander Pace Capital LLC

Switch Beverage Co.

The Deal LLC

Thompson Brands LLC

TorQuest Partners Inc.

TPG Growth

Trinity Capital LLC

TSG Consumer Partners LLC

Villa Enterprises Management Ltd. Inc.

Vivaldi Partners Group

VO2 Partners

WeiserMazars LLP

William G. Roe & Sons Inc.

Windjammer Capital Investors LLC

Yale School of Management

 

 

Clear the date April 10 on your calendar!

CLICK HERE now to register before it's too late!
 

Attention -- Middle-Market Private Equity

& Mezzanine & BDC Investors & Lenders

 

ENCORE CONFERENCE

 

 

Private Equity Investing

In Food & Nutrition Companies

How Fast-Evolving Consumer Attitudes

Are Sparking Fresh Investment Opportunities

 

Register Now

 

CHAIRED BY

Joan Y. McCabe, Managing Partner

Brynwood Partners LP

 

 

FULL-DAY CONFERENCE

Thursday, April 10, 2014

8:00 am – 5:00 pm

At The University Club
New York City

 

MARQUIS SPONSOR

The Parthenon Group

Dawn E. Hudson

Greg Miller

Andres Saenz

 

Featuring 20 Expert Speakers

James M. Bertram, William Blair & Co. LLC

Brian O. Boyle, D. A. Davidson & Co.

Sarah Ashmore Bradley,  Kainos Capital LLC

Michelle S. Brooks,  Arlon Group LLC

Michael J. Faherty Jr., NewStar Financial Inc.

Pedro Garcia, Sawaya Segalas & Co. LLC

Josh Goldin, Alliance Consumer Growth

Christopher R. Growe, Stifel Nicolaus & Co. Inc.

Hitesh Hajarnavis, Popcorn Indiana

Frederick J. Horowitz, NetGrocer

Dawn E. Hudson, The Parthenon Group

Greg Miller, The Parthenon Group

Kevin Mundt, Vestar Capital Partners

Jay Novak, Houlihan Lokey

Alexander S. Panos, TSG Consumer Partners LLC

Anders B. Petersen, VO2 Partners

Matthew P. Preece, Deloitte Corporate Finance LLC

Kurt M. Roth, Robert W. Baird & Co. Inc.

Andres Saenz, The Parthenon Group

Timothy Shanley, Victoria Fine Foods

Bill Shen, Encore Consumer Capital

Lance P. Stier, Nassau Candy Confections

 

 

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, BDC, and Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants, & Other Advisors Who Support Them

 

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

More and more manufacturers and retailers are publishing ingredient lists, labeling nutritional contents, avoiding GMOs, disclosing portion sizes, advertising “organic” and “fresh” and “natural” and “local” -- and successfully using that information to market to consumers.

 

This is a long-term sustainable trend -- and the proof is in the deteriorating revenues of makers of sugary soft drinks and high-fat snack items.

 

Offenders face a double whammy -- consumers are no longer buying as much, and retailers are reducing shelf space in favor of better-for-you products.

 

Private label is another area where food makers are finding great promise.

 

Many retailers -- apart from traditional grocery stores -- are entering the good-for-you marketplace, and all are seeking their own private labels to act as brand differentiators. And not surprisingly, these merchants are generating higher profits because they hire contract packagers to produce products similar to branded cereals (think corn flakes) or commodity products like nuts (think chocolate almonds) that command higher margins.

 

The reasons are clear why investors are pursuing food and nutrition deals --

  • Multiples in the U.S. average 13.8 for food deals versus 11.2 for all middle-market deals.
  • PE firms invested over $42 billion in food deals last year, compared to just $3.2 billion in 2012.
  • Diet preferences for natural ingredients, whole grains, and high fiber have spread from major metropolitan areas to the entire country.

The question is, how do investors separate fads from real opportunities?  Not every maker or marketer of niche food products, no matter how effective, has the staying power to become a successful concern. There’s still need for heavy due diligence, especially in the nutraceutical space where regulation is a constant concern.

 

If you’re hungry for success in this rewarding marketplace, you need to Register Now for The Capital Roundtable’s ENCORE conference -- “Private Equity Investing in Food & Nutrition Companies” -- being held in New York City on Thursday, April 10.

 

At this year’s conference, we will zero in on the impact to food and nutrition investing from consumers’ new ways of shopping--

  • Millennials are loading up on nutritional items via next-day delivery websites such as Amazon.
  • Working couples are ordering their fresh and frozen items through home delivery services like Peapod or Fresh Direct.
  • And busy professionals are grabbing soups and sandwiches and even fresh bananas from food trucks and stores like Walgreens, Walmart, and Target.  

America’s changing demographics are also giving a boost to ethnic foods. Millennials are overwhelmingly more likely to cook ethnic meals than their parents, and have taste palates conditioned to appreciate world flavors, spices, and textures.

 

So chia seeds and ancient grains have migrated overseas to American shelves and found rapid acceptance.

 

Then there’s the non-meat protein trend.  Producers of soy-based and other protein alternatives are beneficiaries of this trend, aided by the many Americans who don’t wish to become total vegetarians/vegans but do want to reduce their meat consumption -- often called “flexitarians.”

 

Similarly, the push to find alternatives to wheat, rye, and barley has powered up the gluten-free category, where many investors are making big bets.

 

As a natural corollary, investing in food ingredient companies is just as promising.  For example, the growth of protein bars has produced rewards not just for their manufacturers, but also for the companies supplying whey protein … plant fiber … and similar showcase ingredients.

 

Here are 6 important reasons you should Register Now for this encore Capital Roundtable conference, “Private Equity Investing in Food & Nutrition Companies”--

  • Understand how to identify product categories where nimble private equity-backed companies can better meet consumer needs than slow-moving processed foods giants.
  • Hear details why better-for-you products are such an important place for investors to be during 2014.
  • Learn the likelihood of new government regulations on natural and organic labeling, portion sizing, and more.
  • Discover which events are shaking up the marketplace, such as Whole Foods’ recent pledge to put GMO products on notice.
  • Recognize how and why private label market share is rising as the perceived value differential shrinks.
  • Know why foreign investors are joining the pool of U.S.-based PE firms and strategic buyers potential exits include not only U.S.-based PE firms and strategic buyers, but also foreign investors who want a footprint here.

The Capital Roundtable welcomes and thanks our Marquis Sponsor -- the strategic consulting firm, The Parthenon Group.

 

With offices in Boston, London, Mumbai, and San Francisco, Parthenon is the strategic advisor of choice for leading private equity firms and their portfolio companies.  The firm is committed to offering its clients life-long partnerships, a high-impact customized approach, and a willingness to go at-risk for a portion of its fees.

 

Register Now to Reconnect with Joan McCabe & 20 PE Food Experts

 

Returning to chair this encore conference is Joan McCabe, managing partner at Brynwood Partners in Greenwich, Conn.  Brynwood is a middle-market private equity firm that makes control investments in the consumer sector with enterprise values between $25 and $125 million.

 

Joan has been affiliated with Brynwood since 1997 and is a managing partner in funds IV, V and VI. Before Brynwood, she spent 15 years on Wall Street, with Kidder Peabody, Drexel Burnham, and Paine Webber. She earned degrees from Yale College and Harvard Business School.

 

This conference on April 10th will bring you three informal panel discussions and feature shared insights from top PE professionals, plus two formal keynote presentations and two informal “chats.”  You will hear real-world perspectives, lessons learned, and industry outlooks, plus insights on managing current portfolio companies.

 

You’ll also hear about notable middle-market industry deals, such as --

  • Vestar Capital Partners’ acquisition of American Roland Food Corp., a producer of specialty grains, sauces, and condiments.
  • Arlon Group’s investment in The Chia Company, the largest marketer and distributor of chia seeds worldwide.
  • Brynwood Partners’ acquisition from ConAgra of Lightlife Foods, a producer of frozen and refrigerated meat alternatives.
  • Campbell Soup Company’s purchase of Plum Organics, a leading provider of organic baby and toddler foods, from Catterton Partners.
  • WhiteWave Foods’ purchase of Earthbound Farm, the largest organic produce brand in the U.S., from Kainos Capital.

By Registering Now to attend this Capital Roundtable conference, you’ll be well poised to act on the very best middle-market deal opportunities of 2014. We’ll answer questions such as --

  • Which specific subsectors within food and nutrition are likely to provide the best returns during 2014?
  • What makes the food and nutrition space so attractive for middle-market PE investors today and what factors may impact its future growth?
  • How can first-time investors in the space avoid traps and pitfalls?
  • How eager are lenders to finance deals in this space?
  • What are the metrics and valuation guidelines that can help you judge a middle-market food and nutrition deal?
  • How should you evaluate commodity risk when purchasing food and nutrition companies?
  • What are some of the pitfalls affecting manufacturers in how and where ingredients are sourced?
  • What are the misconceptions about middle-market food and nutrition investing -- and what is the reality?
  • What upcoming trends have the potential to shake up the food and nutrition industry?
  • What have been some recent notable deals with middle-market food and nutrition companies?
  • What are the ways social media can enhance performance and buzz for food and nutrition companies?
  • What are the most important things a firm has to get right when exiting a food and nutrition investment?

The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable connections
  • Share both ideas and business cards
  • If you’re an attorney or advisor -- meet new potential clients
  • If you work as an executive search professional -- meet potential prospects

Register Now to Receive Our Early Bird Discount

 

You will benefit from a generous rate of $400 off our regular price by making your reservations for this conference before February 14, 2014.

 

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Hallie Watson today to confirm your attendance at 212-832-7300 ext. 0 or hwatson@capitalroundtable.com.

 

We look forward to having you join us on April 10!

 

This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community.  For more information about The Capital Roundtable’s 30 annual conferences and other events and programs, please visit www.capitalroundtable.com.

****

 

SPONSORSHIP OPPORTUNITIES

 

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton, 212-832-7300 ext. 117, cnotton@capitalroundtable.com.

^ Back to Top ^

Faculty

Chaired By

  • Joan Y. McCabe, Managing Partner, Brynwood Partners LP

Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable

Speakers

  • James M. Bertram, Managing Dir. & Head--Consumer & Retail I-Banking, William Blair & Co. LLC
  • Brian O. Boyle, Managing Director, D. A. Davidson & Co.
  • Sarah Ashmore Bradley, Partner, Kainos Capital LLC
  • Michelle S. Brooks, Managing Principal, Arlon Group LLC
  • Michael J. Faherty Jr., Director, NewStar Financial Inc.
  • Pedro Garcia, Managing Director, Sawaya Segalas & Co. LLC
  • Josh Goldin, Co-Founder & Managing Partner, Alliance Consumer Growth
  • Christopher R. Growe, Managing Director, Stifel Nicolaus & Co. Inc.
  • Hitesh Hajarnavis, Chief Executive Officer, Popcorn Indiana
  • Frederick J. Horowitz, Founding Investor & Former CEO, NetGrocer
  • Dawn E. Hudson, Vice Chairman, The Parthenon Group
  • Greg Miller, Partner, The Parthenon Group
  • Kevin Mundt, Managing Director, Vestar Capital Partners
  • Jay Novak, Managing Director, Houlihan Lokey
  • Alexander S. Panos, Managing Director, TSG Consumer Partners LLC
  • Anders B. Petersen, Partner, VO2 Partners
  • Matthew P. Preece, Managing Director, Deloitte Corporate Finance LLC
  • Kurt M. Roth, Managing Director, Robert W. Baird & Co. Inc.
  • Andres Saenz, Partner & Co-Head--PE Practice, The Parthenon Group
  • Timothy Shanley, Chief Executive Officer, Victoria Fine Foods
  • Bill Shen, Director, Encore Consumer Capital
  • Lance P. Stier, President, Nassau Candy Confections

 

Additional speakers to be announced

 

^ Back to Top ^

Schedule

 

  
07:30-8:15 Networking & Registration & Breakfast
08:15-09:00 Welcoming Remarks & Audience Self-Introductions
09:00-09:30

Chairman's Keynote -- PE Ivesting in Food & Nutrition -- Why is it Attractive Today?

  • Joan Y. McCabe, Brynwood Partners LP
09:30-10:30 Panel 1 -- Avoiding Food & Nutrition Fads -- Four PE Investors Discuss Investing Wisely & Adding Value to Their Portfolios
10:30-11:15 Networking & Breakfast
11:15-12:00 Morning Chat -- Contract Packaging & Private Label -- Why is it of Interest to PE Investors?
12:00-12:30

Morning Keynote --

  • Dawn Hudson, The Parthenon Group
12:30-01:30 Networking & Luncheon
01:30-02:30 Panel 2 -- Skyrocketing Multiples -- Four Dealmakers Discuss How They Cope With Today’s Pricing
02:30-02:45 Networking & Dessert
02:45-03:30 Afternoon Chat -- Pitfalls, Trends, & Regulations to be Aware of When Investing in Food & Nutrition
03:30-04:30

Panel 3 -- From the Trenches -- War Stories from PE Operating Partners & CEOs of Food & Nutrition Portfolio Companies

04:30 Networking & Adjournment

^ Back to Top ^

Registration

  • Early Bird Registration Fee -- and save $400 off the standard fee! Register by Friday, February 14, and the fee for the conference is $995.
  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, March 7, and the fee for the conference is $1195.

 

  • After that, the standard fee is $1395 for the conference.

 

  • At the door, if space is available, the fee is $1495 for the conference.

 

  • Special group rates -- The Capital Roundtable offers a special discount for 2 or more people.  For more info, please contact Hallie Watson hwatson@capitalroundtable.com or 212-832-7300 ext 0.


Click Here to Register >>    Purchase Audio Package >>

 

 Visit Audio Library >>    Add to Outlook Calendar >>

 


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.

If the program is oversubscribed, we will notify you immediately and not charge your credit card.  (If you need to cancel, please do so by Thursday, April 3 at 5:00pm, and we will credit you for a future MasterClass.)


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

Have a special question?  Please contact Hallie Watson hwatson@capitalroundtable.com or 212-832-7300 ext 0.

^ Back to Top ^

Location

The University Club
College Hall -- First Floor
One West 54 Street (at 5th Avenue)
New York City

(Jacket and tie required)

^ Back to Top ^

Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

^ Back to Top ^

Sponsorship

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext. 117, or by email at cnotton@capitalroundtable.com.

^ Back to Top ^