Saphineia’s team includes decades of hands-on, cross-functional operations expertise from leading food & beverage manufacturers such as Unilever, P&G, Kraft, Mars, Wrigley, Tyson, Keurig Dr. Pepper and Hearthside
Neither of us imagined we’d be here. Longtime friends, Craig and Elliot met in the late 1990s when Elliot was working for P&G in their Pringles business and Craig was the Sr. Packaged Foods Analyst for Sanford Bernstein. Introduced by a mutual friend, they joined forces to bring insights to investors in Food & Beverage companies.
Both moved over to the buyside at Ospraie Management. After Ospraie, they built their own investment management firms. Craig ran a $1.3bn long/short equity fund. Elliot founded a credit-focused PE firm. Each spent about 15 years managing institutional money.
Fast forward to 2022, Craig had left his role as President of Golding Farms Foods, a PE-backed, multi-site dressings & sauces manufacturer and Elliot’s PE fund had exited its last investment. It was time to get the band back together.
Food & Beverage manufacturing is hard, particularly for middle-market manufacturers who must perform all the same activities as their larger counterparts, but without all the resources, training or business processes.
There are literally thousands of small and midsized food & beverage manufacturers in North America, most of whom would benefit from adopting leading manufacturing best practices.
Because of these factors, most small and midsize food & beverage manufacturers have opportunities to increase margins and reduce risk by improving shop-floor performance.
We stand behind our Mission through the Saphineia Promise, which ties our compensation to our clients’ realized performance improvements following project completion.
[Sa-fih´-knee-uh] — Noun
Clarity and in-depth knowledge in Ancient Greek
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