ProspEquity Partners takes majority stake in Tierra Nueva Fine Cocoa

Private equity firm ProspEquity Partners have taken a big step forward by taking a majority stake in Tierra Nueva Fine Cocoa…
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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.

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International Confectionery is the leading authority in global confectionery content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the confectionery sector.

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Joseph Clarke

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