Updated March 26 at 9:26pm

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Autocrat announces partnership with private investment group

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LINCOLN – Coffee-extract manufacturer Autocrat announced it has entered into a partnership with an investment group led by Trent Capital Partners and Argosy Private Equity. It declined to disclose the type of partnership or financial terms of the agreement.

Autocrat, a family-operated business founded in 1895, roasts and manufactures coffee extracts used to flavor food and beverage products such as ice cream, iced cappuccino drinks and alcohol-based products.

“This partnership is a major development in the continued growth of our company,” said co-owners Richard M. Field Jr. and Cynthia Field Wall in a news release.

“We are excited to partner with the Autocrat team and to support the company’s continued expansion. We view this investment as an excellent opportunity to build significant long-term value for the company’s customers as well as its shareholders,” said Raymond J. Desrocher Jr., partner of Trent Capital Partners.

Autocrat, Lincoln, Rhode Island, Trent Capital Partners, Argosy Private Equity, coffee, extracts, manufacturer, beverage, products, cappuccino, drinks,

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