AUA Private Equity Announces the 2017 AUAccelerate Class

aucelerate

New York, NY – April 18, 2017 – AUA Private Equity Partners, LLC (“AUA Private Equity”) today announced the selection of its 2017 Class of AUAccelerate. AUAccelerate, the firm’s accelerator program formed in March 2016 in partnership with the Illinois Hispanic Chamber of Commerce, advises and mentors emerging minority or woman-owned businesses in the U.S. This year’s class, the program’s second, will include Nut Burgers, Chapin Coffee, and del Carmen Foods. AUA Private Equity will leverage its resources, expertise, executives, and network of advisors to provide advisory services and technical expertise tailored to the needs of each company.

AUA Private Equity, which invests in the Hispanic market as a targeted strategy, sees a lack of resources and support for minority-owned businesses. Andy Unanue, Managing Partner of AUA Private Equity commented, “Given our focus on the Hispanic community, we see AUAccelerate as a way of supporting entrepreneurs in an underserved segment as part of our commitment to social responsibility.”

AUAccelerate was created to offer assistance with the development of business plans, budgets, sales and distribution, as well as marketing and branding, among other functions. AUAccelerate worked with Felix’s Famous Cookies, a member of the 2016 Class, to prepare for the FDA’s visit to their new facility, upgrade its budgeting process, develop an employee handbook, and refine its go-to-market strategy. The program’s goal is to leverage these experiences to “accelerate” 3-5 companies per year, through mentorship and access to AUA Private Equity’s resources and network.This enables companies to reach their full potential.

Steven Flyer, Partner of AUA Private Equity added, “We are excited to welcome our new class of companies to the AUAccelerate program, and to support these entrepreneurs in reaching their visions of success while simultaneously expanding this initiative.”

Meet the 2017 Class:

NutBurgers

Nut Burgers. Creates “craveable” delicious non-meat cuisines that everyone will love. Only use organic and the highest quality natural real food ingredients with nothing artificial. Ever. All products are gluten-free, Non-GMO, soy-msg-free, nutrient-dense, and nut-plant-based. The company’s promise is to create delectable, nutrient-dense food that satisfies even the most discriminating palates.

Chapin Coffee

Chapin Coffee. Coffee with a cause. For every bag of coffee purchased, Chapín serves school meals to children living in rural Guatemala through a partnership with the NGO Pueblo a Pueblo. Purchases of Chapín Coffee help to end hunger in the coffee-growing communities of Guatemala, where 3 of every 4 kids suffer from chronic malnutrition.

Del Carmen Foods

del Carmen Foods. Offers authentic Cuban-style beans, made with the slow-cooked method and quality ingredients. Products are cooked in small batches to ensure a higher quality, and are conveniently packaged for a modern day bean banquet.

For more information on AUAccelerate or ESG and Social Responsibility at AUA Private Equity, please visit us at http://www.auaequity.com/esg-strategy/.

About AUA Private Equity

AUA Private Equity Partners, LLC is a New York-based, operationally focused, lower middle-market investment firm providing strategic capital to companies in the consumer, media, and business services sectors, with a particular focus on family-owned businesses or companies benefiting from the growth of the U.S. Hispanic population. AUA Private Equity makes equity investments of $15 to $50 million in companies that generate in excess of $5 million in EBITDA. AUA Private Equity currently manages over $275 million of capital. For more information on AUA Private Equity, please visit www.auaequity.com.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *