Harkness Capital Partners (“Harkness”) announced today that it has sold Cenavera Nutrition (“Cenavera”) to Nautic Partners (“Nautic”). Cenavera is the largest independent provider of outsourced foodservice to public, private, and charter K–12 schools.
In June 2017, Farol invested in Cenavera alongside Harkness. Since then, Harkness has partnered with management to transform the business while navigating significant headwinds, including the COVID-19 pandemic, changing government regulations, and inflation challenges. Cenavera is now one of the largest K–12 foodservice operators in the country, serving schools across 33 states.
Full press release here.
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