Ropes & Gray advised an investment fund managed by Lakeview Capital, a Michigan-based family office, on its acquisition of The Mochi Ice Cream Company, makers of My/Mo Mochi Ice Cream and the largest branded manufacturers of mochi ice cream in North America. Lakeview acquired Los Angeles-based Mochi Ice Cream from Central Park Capital Partners. The transaction was announced on January 30. The press release is here.
The acquisition provides The Mochi Ice Cream Company with resources and support to expand its mochi snack platform. Terms of the transaction weren’t disclosed.
The Ropes & Gray team that advised Lakeview Capital included private equity partner Neill Jakobe (Chicago), finance partners Andrea Hwang (New York) and Alexander Zeltser (New York), tax partner Aaron Harsh (Boston), benefits partner Loretta Richard (Boston), life sciences partner Kellie Combs (Washington), antitrust partner Michael McFalls (Washington), real estate partner Peter Alpert (Boston), strategic transactions counsel Tom Burke (New York), and labor & benefits attorney Jennifer Cormier (Boston).
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