Media Center

Keystone Capital Announces Partnership with Om Trading

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce an investment partnership with Om Trading d/b/a Om Produce (“Om” or the “Company”), a rapidly growing distributor of ethnic food products.

Om has been serving the South Asian & Asian market for over 20 years. Headquartered in Irving, TX, the Company operates out of a 60k square-foot facility and distributes to more than 25 states. Om supplies across a variety of product categories including produce, dairy, frozen, and dry grocery items to ethnic independent grocery and foodservice customers. Om manages a diverse network of suppliers across the United States and internationally. For more information on Om, please visit www.omproduce.com.

“This partnership with Keystone represents a new chapter for Om," remarked Rajiv Shah, CEO of Om. “Keystone’s experience in the food sector and differentiated investment approach aligns well with our culture and vision.”

Nikhil Shah, COO, added: “We have truly found an ideal partner in Keystone. Om is at an inflection point in its growth journey. The opportunity is greater than ever allowing us to further enhance our product offerings and expand our geographic reach.”

Rajiv and Nikhil Shah, entrepreneurial immigrants from India, founded Om in recognition of the underserved needs of the rapidly growing ethnic population in the United States. Rajiv and Nikhil will continue to operate the company as CEO and COO. All key management team members will continue with the business going forward.

"We are honored to be partnering with the Om team," noted Chaoran Jin, Managing Director at Keystone Capital. "Ethnic food distribution is a space we have been targeting for several years. Om is well positioned to capitalize on the immense industry opportunity, and we look forward to further building upon Om’s successful legacy."

Om is actively seeking acquisition opportunities in the ethnic food distribution space. Parties with knowledge of relevant potential investment opportunities are encouraged to contact Keystone.

Terms of the transaction are not being disclosed. Senior debt financing was provided by CIBC Bank USA and legal counsel was provided to Keystone by DLA Piper LLP. Bulkley Capital advised Om Trading on this transaction.

 

Contact Information

Chaoran Jin
(312) 219-7976
cjin@keystonecapital.com

Sean Lyons
(312) 219-7967
slyons@keystonecapital.com

Maggie Horak
(312) 219-7961
mhorak@keystonecapital.com