40 Year History of Successfully Building and Operating Businesses
In 1975, the Merage family with Paul Merage as Principal Founder established Chef America, a consumer frozen food manufacturing company best known for its now iconic products, Hot Pockets and Lean Pockets. ¹ In time, Chef America became one of the largest and most profitable privately held food companies in the U.S. The company was sold in 2002 to Nestle® for $2.6 billion.
Building on the family’s four decades of successful experience in creating and operating businesses, and three generations of investing in real estate, the Merage family established the Merage Investment Group (MIG), consisting of MIG Capital, MIG Private Equity and MIG Real Estate. At that time the family also established several Merage Foundation Programs, to include the Paul Merage School of Business at the Universtiy of California, Irvine; Merage Institute - U.S. Israel Innovation Bridge Executive Leadership Program; Children First - Educational Programs for Low Income Children and the Merage Jewish Community Center of Orange County in support of those causes important to the family and community.