Blue Highway Capital, headquartered in Philadelphia, Pennsylvania, is pleased to announce a new growth equity investment in Savor Street Foods, Inc., based in Reading, Pennsylvania.
Savor Street Foods has been in the business of baking pretzels in the Reading area for over 135 years. The Company operates a 120,000 square foot bakery, manufacturing a wide range of traditional and gluten-free pretzels for its SavorStreet brand as well as various co-pack and private label partners. The Company also operates a chocolate coating facility in Bristol, Pennsylvania.
Blue Highway’s investment is supporting Savor Street’s product line expansion, a growing workforce and new equipment. The Company’s passion for innovating around healthy ingredients as well as its mission and efforts to promote neurodiversity in the workplace, define Savor Street’s products as “Snacks that Give Back!” “We are delighted to be the first outside investment fund partner in Savor Street’s family-run business. The Company’s product integrity and mission are connecting with consumers, making it an ideal fit with our strategy,” said Christine Jones, Managing Partner of Blue Highway Capital.
“Blue Highway’s focus and mission align very well with the vision and objectives we have for Savor Street. Their management team and network are great assets for us and enhance the scope of resources available to our own management team. We are thrilled to have Blue Highway as a partner,” said Scott Carpenter, Founder and CEO of Savor Street Foods.
For more information on Savor Street Foods visit www.SavorStreet.com.