ProspEquity Partners (PEP), an emerging private equity firm building shareowner value through conscious capitalism and a dedication to people and local communities, announces it has purchased a majority stake in Miami-based Tierra Nueva Fine Cocoa, LLC.
The transaction creates a partnership between PEP’s world-class operational executive expertise and ecosystem of strategic partners and advisors and Tierra Nueva’s industry-leading coffee product development team to launch a coffee revolution that will rapidly scale Tierra Nueva’s worldwide market penetration.
Beginning with a rich family history in high quality chocolate manufacturing and coffee distribution, Tierra Nueva has successfully expanded into whole bean coffee processing that has resulted in a variety of exciting new products using 100 percent of the coffee bean.