Private equity firms invest in Tropical Cheese

NEW YORK — Tropical Cheese Industries, LLC, Perth Amboy, NJ, a company producing Hispanic cheese, meat and other food products, has received an undisclosed investment from AUA Private Equity Partners, LLC and Avance Investment Management, two investment firms that focus on partnering with family and founder-owned businesses. The Mendez family, who founded Tropical Cheese, and the management team will retain a significant minority interest in the company.

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