Rubix Foods Recapitalized by Arbor Fund VI, Boosting Growth Prospects
Deal News | Apr 30, 2025 | Arbor Private Investment Co LP
In a significant move within the private equity landscape, Arbor Investments has successfully closed its sixth equity fund, Arbor Investments VI, L.P., along with its parallel fund, Arbor Investments VI-A, L.P., amassing over $1.2 billion in capital commitments. This achievement, amid a challenging fundraising environment, underscores Arbor's reputation in the food and beverage investment sector. Concurrently, Arbor utilized Fund VI to recapitalize Rubix Foods, previously owned by Arbor Fund IV and the Block family, marking a full transition of ownership to the new fund. This strategic maneuver aims to sustain Rubix Foods' impressive growth in flavor technology innovation, supported by substantial investments in R&D and facilities. The Block family exits with commendable returns, while Rubix's leadership, under President Midd McManus, remains unchanged. Notably, law firms Kirkland & Ellis LLP and Winston & Strawn LLP provided legal counsel on the transaction.
Sectors
- Private Equity
- Food and Beverage
Geography
- United States – Arbor Investments and Rubix Foods are based in the United States, making this geography relevant to the article.
Industry
- Private Equity – The article discusses Arbor Investments, a private equity firm, and its new fund focused on investments in the food and beverage industry.
- Food and Beverage – Rubix Foods, the company being recapitalized, operates within the food and beverage sector, providing innovative flavor and functional ingredients.
Financials
- $1.2 billion – Total capital commitments for Arbor Investments VI and its parallel fund, Arbor Investments VI-A.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arbor Investments | Private Equity Firm | Company | A private equity firm specializing in the food and beverage sector, responsible for the closing of Fund VI and recapitalization of Rubix Foods. |
| Rubix Foods | Target Company | Company | A leading provider of culinary and food science-focused innovative flavor and functional ingredients. |
| Block Family | Selling Company | People | The previous owners of Rubix Foods, selling their stake as part of the recapitalization by Arbor Fund VI. |
| Kirkland & Ellis LLP | Legal Advisor | Company | Provided legal counsel on the Rubix Foods transaction. |
| Winston & Strawn LLP | Legal Advisor | Company | Provided legal counsel on the Rubix Foods transaction. |