“MRC was not only a great financial partner but proved to be an outstanding business partner throughout my tenure. Their input into the business was highly valued by our team”
- Rick Anontelli, CEO Galaxy Nutritional Foods
About Galaxy Nutritional Foods
Founded in 1972, Galaxy is a leading provider of lactose-free and vegan cheese. Galaxy products can be found in over 11,000 thousand grocery and natural food stores throughout the U.S. and Canada.
Mill Road worked with management to unify all of Galaxy’s product offerings under the “Go Veggie!” trademarked brand name and launched numerous line extensions including Galaxy’s first-ever organic product.
In 2007, Mill Road progressively established a public equity position that, over the next two years, facilitated building a deep understanding of the company and its key shareholders. By 2009, Mill Road’s strong relationship with Galaxy’s largest shareholder enabled it to form a 50-50 partnership and successfully complete a tender offer to take the company private.
Galaxy is committed to providing quality healthful foods to support planet-friendly vegan and vegetarian lifestyles. Galaxy’s non-dairy cheeses are a heart-healthy alternative for all consumers and allow those with dietary restrictions to enjoy a food that was previously unavailable to them.
Year of Investment