UK children’s food maker Little Dish has sold a stake to US fund Profile Capital Management to boost growth and fund its entry into the American market.

London-based Little Dish, which launched its range of healthy, nutritious meals for toddlers in 2006, said CEO Dean Brown and founder Hillary Graves would “retain significant ownership” in the company. Little Dish declined to provide details on the size of the stake sold but said the deal was valued at GBP17m (US$22m).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Graves said of the deal: “Our partnership with Profile gives us significant resources to deliver on that mission. 2018 will be a transformational year as we launch our first above the line marketing campaign and bring Little Dish to the US market. These strategic initiatives are exciting milestones for the company.”

The company said in May it was seeking to break into the US market.

Benjamin Chereskin of Profile Capital added: “Little Dish is the category leader with a superior product range in the toddler food market. With the right financial backing and strategic relationships, we see substantial potential for further expansion of this brand both in the UK and US.”