The acquired company has a rich history as an artisanal cheesemaker in Colorado
Growth venture fund Stage has acquired Haystack Mountain Creamery a highly decorated cheesemaker out of Longmont, Colorado, in the US.
“The opportunity to join Stage is outstanding,” said Chuck Hellmer, Haytack president. “With our diverse and unique offerings of goat and cow’s milk cheeses, Stage will bring a new element in growing our brand and presence within local and regional markets,” he added.
Haystack Mountain has a rich history as an artisanal cheese maker in Colorado, pioneering a path for the local cheese industry. With humble beginnings in the farmers markets around Boulder, Colorado in 1989, the company received its first award in 1992.
Since then, the Haystack has received eighty total awards and twenty first place awards for their cheeses, including the Best American Cheese Award in 2017 and 2018 from the Guild of Fine Foods.
Krista Morgan, general Partner at Stage, said: “We could not be more delighted to bring Haystack into our portfolio. Supply chain issues during Covid-19 took a toll across the country but Haystack is well-equipped for a new season of growth and expansion.”
Haystack operates its own facility in Longmont, a beautiful location with a backdrop of the Rocky Mountains.
Lauren Clough, operating partner at Stage, commented, “We are here to preserve and elevate a brand that has a storied history and loyal following. With the highest level of quality standards, Haystack will focus on continuing to serve the local markets while expanding our reach nationally so that more consumers can experience this exceptional product.”
Stage, founded in 2009, is a private equity firm focused on acquiring controlling interests in companies undergoing a change in capital structure, strategy, operations, or growth. The firm offers early-stage small and medium-sized enterprises both the capital and management expertise to rethink their approach to growth.
Date published: 7 May 2021