Epik Foods Expands with Acquisition of Sauce Capital
Deal News | Mar 26, 2025 | Zawya
Epik Foods, an emerging force in the food and beverage sector, has announced the acquisition of Sauce Capital. This strategic move adds 15 new brands to Epik Foods, enhancing its presence in the UAE and Saudi Arabia. The acquisition is part of Epik Foods' broader plan to expand its regional footprint, driven by a $15.5 million infusion of capital from Ruya Private Capital I, LP, managed by Ruya Partners. Sauce Capital's portfolio, created over the past four years, complements Epik Foods, offering diverse dining experiences that target specific cuisines. The transaction allows Epik Foods to strengthen its market position in key areas like Saudi Arabia and Abu Dhabi. The synergy between the two companies is underscored by their shared values and commitment to customer-centric experiences. The transition will retain the founding team of Sauce Capital, ensuring continuity in brand management. Khaled Fadly and Saeed Halabi, CEOs of Epik Foods and Sauce Capital respectively, expressed their enthusiasm for the strategic alignment and the growth opportunities this presents. As a result of the acquisition, Epik Foods aims for continued growth and expansion in the competitive F&B landscape, positioning itself as a leading player in the Middle East.
Sectors
- Food and Beverage (F&B)
- Private Equity
Geography
- United Arab Emirates – Epik Foods is a UAE-born F&B group, and the acquisition of Sauce Capital solidifies its presence in this region.
- Saudi Arabia – Sauce Capital has a strong presence in Saudi Arabia, which is crucial for Epik Foods' strategy to expand its footprint in the Middle Eastern market.
Industry
- Food and Beverage (F&B) – The article revolves around Epik Foods and Sauce Capital, both of which are companies operating within the Food and Beverage sector. The acquisition expands Epik Foods' portfolio in the F&B industry.
- Private Equity – The acquisition was facilitated by financial backing from Ruya Partners, a private equity entity. This highlights the role of private equity in funding expansion and strategic acquisitions in the F&B sector.
Financials
- 15.5 million – The amount of private capital funding secured from Ruya Private Capital I, LP to enable the acquisition of Sauce Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Epik Foods | Buyer | Company | A dynamic UAE-born food and beverage group expanding its regional presence. |
| Sauce Capital | Target Company | Company | An Abu Dhabi-based food group with a strong presence in Saudi Arabia, known for its innovative, customer-centric brands. |
| Ruya Private Capital I, LP | Funding Source | Company | A fund managed by Ruya Partners providing the necessary capital for Epik Foods' acquisition of Sauce Capital. |
| Ruya Partners | Private Equity Manager | Company | The manager of the Ruya Private Capital I, LP fund, enabling the acquisition. |
| Khaled Fadly | CEO and Co-founder | Person | CEO and Co-founder of Epik Foods, leading the company's expansion strategy. |
| Saeed Halabi | CEO and Co-founder | Person | CEO and Co-founder of Sauce Capital, overseeing the brand's integration into Epik Foods. |