January 14, 2024
Altamont Capital Partners, a private investment firm, has invested an undisclosed sum in Mini Melts USA LLC, a provider of beaded, single- and bulk-serve frozen novelty products in vending machines, grab-and-go freezers and carts, according to a press release.
Altamont is partnering with Dan Kilcoyne, the CEO and founder of Mini Melts USA, to support the expansion of the company's distribution footprint and manufacturing capabilities. Kilcoyne will remain CEO and investor.
Mini Melts manufactures in Connecticut using a proprietary cryogenic freezing process and distributes across its network of over 20 distribution centers. The company expects to open more distribution centers in 2024.
The company distributes nationally to over 15,000 locations, including convenience and drug stores, family entertainment centers, zoos, amusement parks, malls, sports venues and more.