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Strand Equity closes minority investment in Real Good Foods

Los Angeles-based growth equity firm Strand Equity closed a minority investment in Glendale, Calif.-based Real Good Food Co. LLC, or Real Good Foods, a frozen food company.

Strand Equity invests in consumer brands to scale their businesses through its marketing and operational expertise, as well as its network of industry relationships, according to a release.

Financial terms of the investment were not disclosed.

BofA Merrill Lynch served as Real Good Foods' financial adviser.