New York Private Equity Firm Invests in Kamran & Co.
Kamran & Co., a FEDA distributor member, announced it has assumed a new strategic investor, Turning Rock Partners, a private equity firm based in New York City.
“Kamran’s vertically integrated model, long-standing customer relationships, and commitment to craftsmanship provide a strong foundation for continued growth,” John Hamilton, COO of Turning Rock Partners, said in a news release. “We are excited to support the team as they expand their national footprint.”
Kamran & Co. is based in Santa Barbara, California, but is also the parent company of several other foodservice equipment and supplies dealers, including Atlas Restaurant Supply, Berlin’s Restaurant Supply, and Culinex. As part of the investment announcement, founder Kamran Amiri was appointed president of Kamran & Co.
“We are excited to partner with Turning Rock as we enter our next phase of growth,” Amiri said. “This partnership allows us to continue investing in our people, our capabilities, and our customers while staying true to the values that have defined Kamran from the beginning. Turning Rock is a diverse, women-owned firm, and we look forward to building on our success together.”