Epik Foods Bolsters Portfolio with Acquisition of Sauce Capital
Deal News | Mar 27, 2025 | Zawya
Epik Foods, a prominent food and beverage (F&B) company based in the UAE, has taken a significant step in its growth journey by acquiring Sauce Capital, an Abu Dhabi-based food group, after securing $15.5 million in fresh funding. The strategic acquisition adds 15 new brands to Epik Foods' portfolio, bringing the total number to 75, and enhances its market presence in key regions, specifically Saudi Arabia and Abu Dhabi. Sauce Capital is recognized for its solid footprint within Saudi Arabia, which aligns with Epik Foods' expansion strategy. The capital infusion that made this acquisition possible was provided by Ruya Private Capital, a fund operated by Ruya Partners, a private credit firm. Epik Foods offers an array of dining and food-related services including quick service dine-in restaurants, digital brands, meal kits, hotel and gym partnerships, and catering services, operating across multiple locations in the UAE, Saudi Arabia, and Oman.
Sectors
- Food & Beverage
- Private Equity
Geography
- United Arab Emirates – Epik Foods is headquartered in the UAE and is actively expanding its brand portfolio in the region.
- Saudi Arabia – Both Epik Foods and Sauce Capital have a significant presence in Saudi Arabia, which is strategic to their business growth.
- Abu Dhabi – Sauce Capital, the acquired company, is based in Abu Dhabi.
Industry
- Food & Beverage – Epik Foods is a company operating within the Food and Beverage sector, engaging in quick service and casual dining, as well as digital food brands.
- Private Equity – The article discusses Ruya Private Capital, a fund managed by Ruya Partners, highlighting the role of private equity in facilitating the acquisition.
Financials
- $15.5 million – The funding amount secured by Epik Foods from Ruya Private Capital to acquire Sauce Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Epik Foods | Bidding Company | Company | A UAE-headquartered company operating various F&B brands across the GCC. |
| Sauce Capital | Target Company | Company | An Abu Dhabi-based food group with a strong presence in Saudi Arabia. |
| Ruya Private Capital | Funding Entity | Company | A fund managed by Ruya Partners, providing the financial backing for Epik Foods' acquisition. |
| Ruya Partners | Asset Manager | Company | A private credit firm managing the Ruya Private Capital fund. |