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Shore Capital Partners leads recapitalization of Main Street Gourmet

Shore Capital Partners LLC said it finalized the recapitalization of Main Street Gourmet LLC, a custom wholesale bakery.

The Chicago-based private equity firm teamed up with Main Street Gourmet's management team on the transaction, along with prior majority shareholder Clover Capital Partners LLC, which first invested in the business in 2011.

The new partnership is expected to help Main Street Gourmet broaden its product capabilities and expand its presence through acquisitions.

Steve Marks, who co-founded Main Street Gourmet, will serve on the board under the new partnership with Shore.