Redstone gains equity boost from Clairvest

Clairvest Group and Clairvest Equity Partners VII make a minority equity investment in Redstone Food Group, a manufacturer of bread and bakery products focused on the in-store bakery segment.

Founded in 1972, Redstone is headed by Rob Wheeler who has 35 years of expertise in the food manufacturing industry. The company currently operates numerous facilities in the Greater Toronto Area. Wheeler will remain the majority owner of Redstone and continue as its president and CEO.

“This partnership with Clairvest is about more than just capital; it is about bringing together expertise and resources to accelerate our growth across North America. We are excited to embark on this journey with Clairvest as we scale, innovate and enhance the value we deliver to our customers,” said Wheeler.

“We are thrilled to partner with Rob in this minority partnership deal. With a clear vision, operational excellence, and leading quality, Redstone is well positioned to leverage exciting opportunities in the market, and we look forward to fuelling their continued success,” said Robbie Isenberg, managing director of Clairvest.