About
1848 Capital Partners, Joe DaGrosa Jr., John Sicilian, and David Neithardt joined with a group of investors to form Heartland Food Corp., a platform company used to acquire two hundred and forty-eight (248) Burger King restaurants out of bankruptcy and workout situations. Over three years, Heartland became the second largest franchisee in the Burger King system. Heartland was successfully sold in December 2006 to GSO Capital Partners, now an affiliate of the Blackstone Group. Following the success of the Heartland transaction, 1848 raised capital in 2007 to launch Big Apple Apple Entertainment Partners LLC, which owns and operates the Ripley's Believe It or Not! visitor attraction in New York's Times Square. The 1848 team has since added seven other companies to its portfolio including four operating companies under the umbrella of Sunbelt Diversified Enterprises, a second Ripley's Believe It or Not! in London's Piccadilly Circus, and Jet Support Services, Inc., the world's largest i
Position in the VCSift Database
- • 33,888 investors in VCSift focus on the fintech sector.
- • 1,038 investors are based in Miami, Florida, United States.
Data sourced from 410,343 investor profiles. Updated July 2026.
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