Denver Smith added, “IVFH is extremely well positioned to provide gourmet specialty foods to both professional and home chefs by leveraging its established food service capabilities and eCommerce platform. I look forward to working with IVFH’s Board and management team, as the [company] focuses on driving profitable growth and creating long-term shareholder value.”

Smith co-founded Carlson Ridge Capital, a hedge fund manager, in 2015. He is also the co-CIO of the firm. Additionally, Smith advises the Aspen Family Trust on its asset allocation and strategic-level decisions for various entities it owns. He has over 14 years of experience successfully investing in a variety of public and privately held businesses, as well as a proven track record in creating value through M&A transactions. In 2015, he prompted and helped negotiate the sale of his previous employer to a multi-billion dollar publicly traded REIT for over $150 million. In the food and beverage sector, he previously signed a voting agreement relating to his effective 10%-plus ownership of a publicly traded Canadian firm that enabled a value creating monetization of the business. Smith serves on the Board of Trustees of Lifestyle Management Inc., a nonprofit organization. He graduated from the University of Oklahoma with a Bachelor of Business Administration in finance and economics. He also earned an Master of Business Administration from the University of Oklahoma. Smith is a CFA charterholder.

Source: Innovative Food Holdings Inc.