The Mediterranean Snack Food Company (“MSFC”) is a privately owned company founded in 2005 by Vincent James and Franck Le Berre as a platform for addressing increasing consumer demand for healthy, better-for-you “BFY” and gluten-free snack food products. MSFC was seeking capital to fund accelerated growth for its successful line of branded and private label savoury snack products sold through leading grocery store chains and specialty foodstore channels. Silvergrove was engaged to raise capital for the entrepreneurial growth company. In order to maximize value and minimize dilution for existing shareholders, Silvergrove recommended first securing bank financing in favor of expensive equity capital. Growth capital was secured on very favorable terms with The Provident Bank (NYSE:PFS), allowing MSFC to execute on its ambitious growth strategy. Subsequently, Silvergrove represented the company in a significant growth equity investment from the venture capital arm of a major consumer products company at an attractive valuation. The transaction allowed the Company to achieve significant growth of its innovative line of healthy legume-based chips, crackers and other branded snacks, and its products achieved placement in 20,000 stores throughout the United States.