VAUGHAN, Ontario, Nov. 17, 2011 /PRNewswire/ -- Foodfest
International 2000, Inc. (OTCBB: FDFT), a Kosher, natural and
organic food distribution company servicing the retail and
institutional food industry in the U.S., Canada and Israel, today announced that it has retained
StreetCapital as its financial advisor and investment banker to
help management pursue strategic growth opportunities.
"Following a comprehensive review process, we have selected
StreetCapital as an advisor and banker after determining they were
the best strategic fit to help us accelerate our growth," commented
Henry Ender, Foodfest's CEO.
"As we pursue our growth strategy organically and through
acquisition, StreetCapital has the resources available on the
M&A front to help close in on companies we have identified that
will geographically expand our distribution, streamline our sales
process and integrate manufacturing into our operations.
Given StreetCapital's history of success, we are confident
this engagement will help FoodFest reach our goal to become a
leader in the Kosher, organic, and natural food markets not only in
North America but globally as
well."
Vince Sbarra, President of
StreetCapital commented, "We are excited to work with Foodfest's
management to advance the Company's growth strategy. The
Kosher, organic and natural food market is expanding and we are
eager to further unlock a potential the Company has only begun to
tap."
About Foodfest International 2000, Inc.
Foodfest International seeks out new opportunities to enter into
new broker agreements representing companies with products focused
on Kosher, organic, and/or natural qualities. In addition, Foodfest
International will pursue acquisitions or joint ventures with other
brokerage firms, distributors, and manufacturers that also focus on
these Kosher, organic, and natural qualities. Through its wholly
owned subsidiaries and partnerships, Foodfest International sells
and distributes a diversified portfolio of high-quality,
shelf-stable, frozen and refrigerated foods across North America. For further information on
company developments and information, please visit our website at
www.foodfestamerica.com.
About StreetCapital
StreetCapital is a privately owned investment banking firm
headquartered in Atlanta, Georgia
that concentrates on providing unique and creative financial
solutions to promising public and private companies spanning the
small-cap, micro-cap and nano-cap markets. StreetCapital
provides organizations with a powerful mix of capital, expertise,
and professional contacts that helps them achieve business success
and maximize shareholder value. The Investment Banking Group
at StreetCapital has specialized in funding small and micro-cap
companies since 1995, and as HPC Capital Management, they've
consistently ranked in the TOP 10 Investment Banks in
terms of most PIPE transactions completed since 2003.
Investor Contacts:
KCSA Strategic Communications
Todd Fromer / Rob Fink
(212) 896-1215 / (212) 896-1206
tfromer@kcsa.com / rfink@kcsa.com
SOURCE Foodfest International 2000, Inc.