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Gallant Capital backs food‑labeling specialist NCCO

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Private‑equity firm Gallant Capital Partners has taken a stake in NCCO, the St. Paul, Minnesota company that Ben Olk III runs as president and CEO. Founded in 1905, the firm specializes in labeling and consumable products for the food‑service sector. Financial terms were not released, but the partnership signals confidence in NCCO’s long‑standing market position and aims to modernize its production facilities.

NCCO supplies restaurants, convenience stores and broader food‑service operators across North America and Europe with automated labeling devices and technology‑enabled safety solutions. Its product line ranges from simple barcode tags to integrated label‑printing systems that help clients meet regulatory requirements and streamline operations. The company’s cross‑continental footprint positions it to benefit from tightening food‑labeling rules and supports traceability for allergens and nutrition data.

By aligning with Gallant Capital, NCCO gains access to capital that can accelerate R&D and broaden its distribution network. Private‑equity interest underscores the growing profitability of niche food‑service technology providers as retailers seek more automated compliance tools. The deal, while undisclosed in size, adds a seasoned investor to NCCO’s board and may reshape competitive dynamics. This financial boost could also fund acquisitions of smaller rivals.