Butterfly and Graham back Custom Flavors
The San Clemente, California manufacturer develops liquid and powdered flavor systems for food, beverage and nutrition customers.
Takeaways
- Custom Flavors makes liquid and powdered flavor systems.
- Management will remain in place after the investment.
- Butterfly and Graham are establishing a flavor platform.
Butterfly Equity and Graham Partners invested in Custom Flavors, a San Clemente, California developer and manufacturer of liquid and powdered flavor systems.
The family-owned company serves customers in protein and nutrition, gummies and nutraceuticals, functional food and beverage, bakery, confectionery and snacks.
Chief executive Alex Wendling will continue to lead the business, with co-founders Mike Wendling and Steve Bishop remaining involved.
The investors are establishing a flavor platform around Custom Flavors and Target Flavors.
Financial terms were not disclosed.
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