announcement
Fresh Prep Foods Inc.
Capital Canada acted as financial advisor to Fresh Prep in connection with a strategic equity investment
2 minute read
Capital Canada Limited (“Capital Canada”) advised Fresh Prep Foods Inc. (“Fresh Prep”), the leading meal kit delivery service in British Columbia, in raising growth capital from a strategic investor. Fresh Prep will use the proceeds to increase automation, geographic expansion and to launch its innovative Zero Waste Meal Kit, a reusable container that provides a solution to the industry’s single-use plastic packaging problem.
About Fresh Prep Foods Inc.
Fresh Prep is a meal kit delivery service based in Vancouver, BC. Founded in 2015 by Becky Brauer, Dhruv Sood and Husein Rahemtulla, Fresh Prep delivers everything needed to make meals at home using fresh ingredients in 30 minutes. With a focus on sustainability, pre-chopped ingredients are delivered in reusable cooler bags with fresh, locally-sourced ingredients whenever possible. Meals are affordable, diverse, and fit the needs of individuals, couples or families. This service is currently offered in over 20 municipalities throughout the Lower Mainland, the Okanagan, and on Vancouver Island. Fresh Prep is a Certified B Corporation®, dedicated to doing business in the most responsible way, balancing purpose and profit. Fresh Prep was named #1 Meal Kit Delivery Service in 2018, 2019 and 2020 by the Georgia Straight. For more information, visit freshprep.ca.
About Capital Canada Limited
Established in 1975, Capital Canada Limited is a mid-market independent investment banking firm which provides expert, financial advice to corporations and entrepreneurs in Canada and abroad. Capital Canada’s focus is in the private capital markets, providing investment banking services including mergers and acquisitions, private placements, financial restructuring, and general financial advisory services including fairness opinions. Capital Canada’s dedicated professionals provide hands-on, personalized attention in order to achieve the optimal outcome for the client. For more information, visit www.capitalcanada.com.