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The Mochi Ice Cream Co and Lakeview Capital partner with Bregal Partners

The Mochi Ice Cream Co and its majority owner, Lakeview Capital, have closed a financing in partnership with Bregal Partners, a New-York based private equity firm focused on investing in middle market companies within consumer and food sectors and committed to promoting corporate social responsibility in all aspects of its business.Headquartered in Los Angeles, California, My/Mo Mochi Ice Cream is the creator of the modern frozen snack category and the leading national mochi ice cream brand currently available in over 30,000 retailers throughout the United States. The company has over a 100-year history and is widely credited with inventing mochi ice cream, a handheld, portion-controlled snack of premium ice cream wrapped in pillowy sweet rice dough.

 
“We have built strong support and conviction behind our thesis of investing in companies producing internationally inspired foods and snacks in the U.S.” said Charles Yoon, Managing Partner for Bregal Partners. “As part of this thesis, we have followed My/Mo Mochi’s impressive growth story over the last several years and are thrilled to have the opportunity to partner with the company, its experienced management team and its owners and help continue the momentum behind this unique and innovative snack business.”
 
“We look forward to working with Bregal as a strategic and financial partner” says Jake Freeman, Director of Investments for Lakeview Capital, Inc. “Given their focus and experience in scaling middle market food and branded products companies, we believe they are the right partners for us for this next growth phase of My/Mo Mochi.”
 
“We share the same vision as Lakeview and Bregal,” says Craig Berger, CEO of The Mochi Ice Cream Co. “Together with our partners, we are excited to build a leading global branded snack business and continue to disrupt through our product innovation the frozen novelty and snack markets.”
 
Bregal’s investment was led by Charles Yoon, Irina Krasik, Paul Kushner, and Andy Neumann. Lincoln International and Ancoris Capital Partners acted as financial advisors and Ropes & Gray acted as legal advisor to Lakeview and The Mochi Ice Cream Co. Winston & Strawn provided legal counsel to Bregal Partners.
 

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