Barcel USA (Grupo Bimbo) Acquires Popcornopolis from NexPhase Capital

NexPhase Capital Invests in Popcornopolis

November 13, 2019

Food & Beverage

NexPhase Capital has announced an investment in Popcornopolis, a Vernon, California-based manufacturer of premium ready-to-eat popcorn. Terms were not disclosed; NexPhase partners with the founders and will place Jamie Kaufman on the board while Doug Corbett will serve as Executive Chairman to help scale the CPG brand and expand distribution.

Champlain Financial Corporation Acquires Bad Monkey Popcorn

November 12, 2020

Food & Beverage

An investor group led by Champlain Financial Corporation has acquired Bad Monkey Inc. (Bad Monkey Popcorn), a Montreal-based manufacturer and marketer of ready-to-eat and microwavable popcorn. The investment will support product development and expand the company’s distribution across Canada and into the United States; founders Joseph and Fabio Zeppilli will remain co-CEOs.

PepsiCo Acquires poppi

May 19, 2025

Food & Beverage

PepsiCo has completed the acquisition of poppi, an Austin-based prebiotic soda brand, for $1.95 billion (including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion), with a performance-based earnout. The deal is intended to accelerate PepsiCo's portfolio transformation into functional and better-for-you beverages and to scale poppi's rapid consumer growth and digital engagement.

J&J Snack Foods Acquires Dippin' Dots for $222M

June 21, 2022

Food & Beverage

J&J Snack Foods Corp. agreed to acquire Dippin' Dots, L.L.C. (including the Doc Popcorn business) for $222 million, a transaction funded with cash and senior debt and expected to close in June 2022. The acquisition expands J&J's frozen novelty portfolio and production/distribution capacity, and closed on June 21, 2022.

Ad Populum Acquires Enesco, LLC from Balmoral Funds

January 5, 2023

Consumer Products

Ad Populum, LLC has acquired Enesco, LLC from Balmoral Funds LLC; financial terms were not disclosed. Enesco, headquartered in Itasca, Illinois, is a long-established designer and wholesaler of gifts, home accents and collectibles (Department 56, Jim Shore, licensed brands) with an international distribution and e-commerce presence. The acquisition adds Enesco's brands and distribution capabilities to Ad Populum's portfolio of consumer and collectibles businesses.

American Beverage Corporation (Harvest Hill) Acquires Poppilu

November 14, 2022

Food & Beverage

American Beverage Corporation, a subsidiary of Harvest Hill Beverage Company, has acquired Poppilu, a Chicago-based mom-founded kids' lemonade brand. The acquisition expands Harvest Hill/American Beverage's portfolio in the better-for-you kids' beverage category and will broaden Poppilu's national retail reach.