MCF acted as exclusive financial advisor to Comitis Capital on its acquisition of The Tofoo Co.
MCF is pleased to announce that it has acted as exclusive financial advisor to Comitis Capital, a European private equity investor headquartered in Frankfurt, Germany, on its acquisition of The Tofoo Co. (“TTC”), the UK market leader in tofu products, from its management team and leading miso producer, Hikari Miso. MCF provided buy-side M&A advisory services and facilitated the transaction through our strong relationships with the selling shareholders.
The Deal
The transaction sees Comitis Capital enter as the new owner. The new partnership will enable The Tofoo Co. to further strengthen its dominant position in the UK market in existing and new segments, while pursuing the vision of international expansion across key markets in continental Europe.
About Comitis Capital
Comitis Capital is a European private equity firm focused on investing in ambitious European businesses centred around themes of modern consumer, healthy living, digital transformation, and enabling businesses. Founded in 2021, Comitis supports entrepreneurial companies with strong growth, profitability and positive underlying dynamics, partnering with owners and management teams to create robust, well-positioned businesses over the long-term.
About The Tofoo Co.
Driven by Dave Knibbs and Lydia Smith, The Tofoo Co. a leading player in plant-based meat alternatives in the United Kingdom with over 60% market share in tofu. The brand is renowned for its assortment of high-quality and sustainable plant-based products with unique texture and taste along with its innovative approach to marketing.
