Epik Foods Expands by Acquiring Sauce Capital After Securing $15.5 Million
Deal News | Mar 27, 2025 | Zawya
Epik Foods, a leading food and beverage company based in the UAE, has expanded its portfolio through the acquisition of Sauce Capital, a food group located in Abu Dhabi. This acquisition injects 15 additional brands into Epik's operations, raising its total brand count to 75 and bolstering its market presence in both Saudi Arabia and Abu Dhabi. Prior to this strategic move, Epik Foods secured a $15.5 million investment from Ruya Private Capital, managed by the private credit firm Ruya Partners. Epik Foods boasts a presence in 50 locations across the UAE, Saudi Arabia, and Oman, operating a diverse range of services including quick service restaurants, digital brands, meal kits and plans, hotel and gym alliances, and catering.
Sectors
- Food and Beverage
- Private Equity and Venture Capital
Geography
- UAE – Epik Foods is headquartered in the UAE, and the acquisition involves Abu Dhabi-based Sauce Capital, highlighting significant business activity within the country.
- Saudi Arabia – Sauce Capital has a strong presence in Saudi Arabia, and the acquisition strengthens Epik Foods' operations in this market.
Industry
- Food and Beverage – Epik Foods and Sauce Capital both operate within the food and beverage industry, focusing on restaurants, digital food brands, meal services, and catering.
- Private Equity and Venture Capital – Ruya Private Capital, part of Ruya Partners, provided significant funding for the acquisition, illustrating the role of private equity and venture capital in the expansion of F&B companies.
Financials
- $15.5 million – The amount of funding secured by Epik Foods from Ruya Private Capital to support the acquisition of Sauce Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Epik Foods | Acquirer | Company | A UAE-headquartered food and beverage company operating various brands in the GCC. |
| Sauce Capital | Target | Company | An Abu Dhabi-based food group with a strong presence in Saudi Arabia. |
| Ruya Private Capital | Investor | Company | A fund managed by the private credit firm Ruya Partners that provided $15.5 million in funding. |