THI Investments acquires Impact Food Group from Bridges
Bridges Fund Management, the specialist sustainable and impact investor, has completed the sale of Impact Food Group to THI Investments, a pan-European family-owned investor in high growth businesses that are leaders in their niche.
Impact Food Group is a leading UK school catering company focused on providing healthier food to children and promoting a positive food culture among pupils.
Bridges created the business in 2018 by bringing together two leading caterers to form IFG, with the mission to provide high-quality, nutritious food to children in the UK.
With one in three 11-year-olds now overweight, school catering offers a clear opportunity to improve health outcomes and improve educational performance. IFG is constantly working to make its recipes healthier: this year it was able to reduce the fat, sugar and salt in its food by 13%, 11%, and 41% respectively. It also works closely with parent and student groups to promote healthier eating habits. IFG drives measurably better throughput in schools when they take over a service, simply because the quality of the food is the main focus of the IFG team. This means that more students are eating better food, every day
The combined group now provides high-quality, nutritious food to over 300 schools and is focused on feeding more students, better food.