Clover Capital Partners is an investment firm focused primarily on the food and beverage industries. Our flexible investing approach is inspired by the diverse needs of privately-held companies and of the individuals who own and operate them. We dedicate ourselves to a limited number of businesses at a time, providing financial capital, operating resources, and strategic leadership, and are capable of filling operating roles when appropriate.
FOCUS
We partner with owner-operators who want to remain active in their businesses and pursue additional growth with the help of a partner. We are also an attractive option to business owners who seek retirement or a gradual transition away from their day-to-day responsibilities, and to management teams who want to buy out an owner and take (more) ownership in the businesses they operate.
At the time of our initial investment, companies customarily generate up to $50 million of annual sales. We focus on control transactions and growth equity financings.
Our investing strategy is unique and unusually long-term oriented. Our capital base allows us to hold investments indefinitely versus the 3-7 year time horizon of private equity firms.
INVESTMENTS
Clover Capital and its principals have tailored investments that meet the unique needs of our partner companies, whether funding for growth or a significant liquidity event
Main Street Gourmet
Manufacturer of muffins, cookies, brownies, granola, and other sweet bakery foods for restaurant chains and in-store bakeries. Recapitalized in 2019
Jo's Candies
Creator of the chocolate covered graham cracker, Jo's has been manufacturing confections since 1946 from the beach cities of Los Angeles
Kevita
Pioneering brand of sparkling probiotic drinks. Sold to PepsiCo in 2016
Koia
Plant-based beverages based on rice, pea and hemp proteins
Cleveland Kraut
Artisanal crafted fermented foods
Wilde
Complete protein snacking, featuring first ever chicken chips
Good Day Chocolate
Functional chocolate, infused with vitamins or health supplements
Flying Embers
Better-for-you alcohol
Iconic
Grass-fed milk protein isolate beverages
Fat Snax
Low carb snacks
TEAM
The principals of the firm bring 40 years of combined investing and operating experience
DAVID CHOE
Partner
Prior to founding Clover Capital, David worked for The Riverside Company, Prospect Partners, and J.P. Morgan. He earned his B.A. from Swarthmore College.
Originally from Tacoma, David is based in Los Angeles where he currently serves as CEO of Jo's Candies.
He can be reached at
(310) 617 8030
ALEX SCHNEIDER
Partner
Prior to founding Clover Capital, Alex worked at Keystone Capital, Goldner Hawn Johnson & Morrison, and J.P. Morgan. Alex earned his B.A. and M.B.A. from Northwestern University.
A Chicagoland native, Alex lives in Evanston with his family and is a faculty member at Northwestern's Kellogg School of Management.
He can be reached at
(312) 899 6801
CONTACT
1563 Sherman Avenue, Suite 200
Evanston, IL 60201