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Hearthside Food Solutions

Year of Investment

2018

Industry

Consumer

Headquarters

Downers Grove, IL

Status

Active

Website

https://www.hearthsidefoods.com/

Business

Hearthside Food Solutions is the industry’s largest food contract manufacturer and the largest private bakery in the US. Founded in 2009, it offers diverse production capabilities including bars, cookies, crackers, granola, snack components and other baked goods. Hearthside specializes in the production of complex, high-volume, short-run products, which represent an increasing portion of customer demand. In 2017, Hearthside produced 1.3 billion pounds of goods, including 3 billion energy, nutrition and granola bars. The company’s scale; broad set of manufacturing, packaging and innovation capabilities; and leading food-safety track record have made Hearthside the partner of choice for its customers.

Charlesbank Investment

In May 2018, Charlesbank acquired Hearthside in partnership with Partners Group and management.

Chairman and CEO

Rich Scalise

Locations

Employing approximately 7,900 people, Hearthside has 21 production facilities in the US and four in Europe.

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