Rudolph Capital sells DeIorio Foods, Inc.
After 5 years of ownership, it was just time for the business to be sold. As a team, we were able to pull together and place the company on a significant growth trajectory to realize many of the opportunities identified prior to our ownership. I will miss the daily interaction with the management team, but know they are with a new owner that understands and appreciates what has been achieved and knows how to keep the business growing and moving forward.
Rich Rudolph
Rudolph Capital announces the sale of DeIorio Foods, Inc.
Rudolph Capital has recently sold DeIorio Foods, Inc., a manufacturer of specialty frozen dough for the pizza industry. Located in Utica, NY, DeIorio has over 300 employees and is a leader in providing specialty frozen pizza doughs to numerous foodservice and retail customers throughout the United States and Canada. The management team successfully launched a number of new sales initiatives and made strategic investments in production assets to capture significant growth. In 2024, the company is celebrating its 100-year anniversary and under new ownership is well positioned to continue as market leader for the next 100 years.
Rudolph Capital has been fortunate and is thankful for working with an extremely talented and dedicated management team to achieve this successful outcome.
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