Avance Investment Management Partners with Barchemy to Enhance Health-Conscious Chocolate Production
Avance Investment Management Partners with Barchemy
In a significant development within the food industry, Avance Investment Management has entered into a strategic partnership with Barchemy, LLC. This collaboration aims to bolster the production of better-for-you chocolate and confectionery ingredients, catering specifically to sectors such as nutritional bars, bakeries, and ice creams. The announcement was made on October 7, 2025, marking a pivotal step in both companies' ambitious growth strategies.
Barchemy’s Commitment to Innovation
Founded by Larry Toscano, who will retain a substantial ownership stake and continue leading the company, Barchemy is renowned for its quick turnaround and flexible product development processes. The company has distinguished itself as the go-to source for those looking to innovate in the realm of health-oriented confections, specifically focusing on high-protein, custom-formulated chocolate products. Industry giants in the protein bar and confectionery markets rely on Barchemy’s offerings to meet consumer demands for health-focused products.
With the backing of Avance, Barchemy is set to further enhance its operational capabilities by investing in its facilities and expanding its team. This move is aimed at ensuring they can better serve their growing customer base and effectively drive long-term growth.
Strategic Advantage of the Partnership
Larry Toscano, Barchemy’s Founder and CEO, expressed enthusiasm about this partnership, noting, "We are excited to partner with Avance, a firm that specializes in investing in founder-owned businesses and shares our values and our customer-first culture. This partnership will allow us to accelerate our investments in people, capacity, and innovation, while continuing to deliver the flexibility, speed, and quality our customers have come to rely on."
Luis Zaldivar, Co-Founder and Managing Partner at Avance, praised Barchemy's proven business model and expressed confidence in their future: "Larry and his team have built an outstanding business. Barchemy is exceptionally well-positioned to meet the demand of today's consumers, who are increasingly seeking convenient, high-protein products with quality ingredients."
Matt Graziano, a Principal at Avance, complemented the existing strengths of Barchemy, highlighting the company's innovative research and development as well as its adaptable manufacturing processes. He stated, "Barchemy has a long-standing reputation for its leading innovation, R&D, and flexible manufacturing capabilities. Their talented team brings tremendous know-how in producing tailor-made solutions for its customers. We are excited to support Barchemy in its next phase of growth."
About Barchemy
Barchemy stands as a premier manufacturer and developer of healthier chocolate and confectionery ingredients. The company is dedicated to delivering unparalleled speed, flexibility, and innovative solutions to clients, all while prioritizing high protein content and top-notch quality.
About Avance Investment Management
Avance Investment Management is a private equity firm focused on developing great businesses alongside talented founders and management teams. Their investment strategy emphasizes thematic selections across Services, Technology, and Consumer sectors in the U.S. Avance identifies attractive growth opportunities, particularly in fragmented markets with potential for consolidation. Their unique STAGE™ value enhancement framework aims to maximize investment impact. With offices located in New York and Miami, Avance is consistently on the lookout for partnerships that align with their primary investment philosophy.
As this partnership unfolds, both companies are expected to play a crucial role in reshaping the landscape of health-focused culinary innovations, catering to an audience increasingly aware of the importance of nutritional qualities in their food choices.