Headquarters: South Bend, Indiana

Carbon’s Golden Malted (“CGM”) is the leading provider of waffle mix to independent and chain restaurants, hotels, resorts, colleges, and other foodservice channels. CGM pioneered The Waffle Program, whereby customers are provided a complementary waffle iron and subsequent maintenance in exchange for an agreement to purchase mix exclusively from CGM. The Company maintains long-standing relationships with many of the largest restaurant and hotel chains, and serves over 40,000 customer locations.

Note: Investment made by Shoreline professionals while at a prior firm.