Lakeview Capital, Inc. Acquires My/Mochi Maker
An investment fund managed by Lakeview Capital, Inc., a Michigan-based family office, has closed its acquisition of The Mochi Ice Cream Co., makers of My/Mo Mochi Ice Cream and the largest branded manufacturer of mochi ice cream in North America. Lakeview Capital, Inc. acquired the company from Century Park Capital Partners.
Headquartered in Los Angeles, California, My/Mo Mochi Ice Cream is the creator of the mochi ice cream category and the leading national brand currently available in over 20,000 retailers throughout the United States. The company has over a 100-year history and is credited with creating mochi ice cream, a handheld, portion-controlled snack of premium ice cream wrapped in sweet, pillowy rice dough.
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Craig Berger, President and Chief Executive Officer of The Mochi Ice Cream Co., along with the management team, will remain with the company in their current roles under the new ownership. “Under Lakeview’s ownership, we are very excited to continue building on the incredible momentum we have generated,” Berger said. “Lakeview has a proven track record of success, and through our shared vision and collaboration, we will continue to grow and expand our business.”
New Hot Sauce Brings Flavor of Brazil to U.S. Market
Légal (pronounced Lay-Gal) is launching its new Brazilian hot sauce in the U.S. market. Légal Hot Sauce, owned by Homer Foods LLC and based in Hollywood, Florida, is made from a special recipe that incorporates the Brazilian malagueta pepper, which has been passed down for generations, and is now available for the first time in the U.S. With its uniquely Brazilian flavor, Légal is well-poised to shake up the U.S. hot sauce market, which has already been on fire over the last few years, according to its makers.
“We wanted to introduce a taste of Brazilian heritage to the U.S. market, and to bring this recipe to U.S. consumers for the first time,” said Gabriela Neves, co-Founder of Légal. “We’re really looking to spice up the hot sauce market with our unique taste.”
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“Our recipe has been adapted from one passed down through generations, and uses fresh, all-natural ingredients to develop that uniquely Brazilian kick,” said co-Founder Michael Fernandez. “Légal really does combine the spiciness of two worlds, hot sauce and Brazil, and goes well with almost any dish.”
Légal Hot Sauce is available for purchase at www.legalhotsauce.com, at all Heatonist and Fairway Market stores throughout New York City and online at Heatonist and Amazon. The sauce retails for $8.99/bottle.
Soulfully Seasoned Beans on the Table in a Flash
By Lorrie Baumann
A Dozen Cousins offers ready-to-eat bean dishes seasoned with the Creole, Caribbean and Latin American flavors of the ethnically diverse Brooklyn neighborhood that brand Founder Ibraheem Basir grew up in. “Food was a joyful, cultural experience,” he says of that neighborhood. “I grew up in a Black and Brown melting pot. I can remember eating jerk chicken, empanadas, black-eyed peas. It was a really interesting mix of flavors that I wanted to bring to life with this brand.”
Coming from a background as a brand manager for a natural foods manufacturer, where he fell in love with the ethos of healthy eating and responsible business practices, Basir has founded his own line with a vision of eventually extending it with other dishes created at the intersection of healthy food, convenience and bold flavor. “Beans is just first. Dinnertime is such a joyous time for people, and you want to put something healthy on the table for your family or for your loved ones. You want, in some cases, to share cultural experiences with the people that you love. But, at the same time, usually people have, like, 20 minutes to prepare dinner each night,” he said. “There’s always this tension between wanting to prepare something that’s wholesome and high-quality, but to do it really quickly. We feel like, as a brand, that’s a spot where we can help out.”
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The A Dozen Cousins line, named after his daughter and her 11 cousins, currently includes three products: Cuban Black Beans, Mexican Cowboy Beans and Trini Chickpea Curry. “They’re ready-to-eat beans, fully cooked and seasoned, according to those traditions from Black and Latino recipes,” Basir said. They’re all cooked with avocado oil, real vegetables and spices. They’re packaged in pouches that tell the story of the ingredients and their flavors, and they’re designed to stand out on the shelf. Each pouch contains 10 ounces and will serve two.
Visit www.adozencousins.com to learn more.
