Horizon Family Brands Acquires Maple Hill Creamery

Platinum Equity Acquires Horizon Organic and Wallaby from Danone

January 1, 2024

Food & Beverage

Platinum Equity has signed and completed an agreement to acquire a majority interest in Danone's Horizon Organic and Wallaby brands, a carve-out intended to operate the brands as a standalone business. The transaction transfers ownership from Danone to Platinum Equity, positioning the organic dairy brands to benefit from Platinum's carve-out and operational expertise and to pursue growth and product innovation.

Latina Boulevard Foods Acquires Hillcrest Food Service

January 1, 2023

Food & Beverage

Latina Boulevard Foods, a portfolio company of The Anderson Group, has purchased the assets of Hillcrest Food Service, a Rochester, New York-based foodservice distributor that specializes in servicing pizzerias. The acquisition is an add-on to Latina's distribution platform to expand its customer base, add new products, and grow in the Rochester and Syracuse markets.

Harwood Private Equity Acquires Crest Foods

February 20, 2024

Food & Beverage

Harwood Private Equity has acquired Crest Foods, a US-based provider of dairy stabilizers, contract packaging, and private-label dry food manufacturing. Terms were not disclosed; Brown Gibbons Lang & Company served as financial advisor and facilitated a sale-leaseback of Crest's 575,000-square-foot Ashton, Illinois facility via TPG Angelo Gordon's Net Lease business. Harwood said the acquisition will support Crest Foods’ next phase of growth.

LG H&H Acquires Majority Stake in The Crème Shop

April 21, 2022

Consumer Products

LG H&H (LG Household & Health Care) has acquired a majority stake in Los Angeles-based beauty brand The Crème Shop. The deal is intended to accelerate LG H&H's expansion into the North American market and scale The Crème Shop's multi-channel beauty business globally.

Woodlawn Partners Acquires NH Holdings (New Horizon Foods)

October 29, 2021

Food & Beverage

Chicago-based private equity firm Woodlawn Partners acquired NH Holdings (the holding company for New Horizon Foods and Consolidated Management Company) from founder Jim Dyvig on October 29, 2021. NH Holdings, based in Minneapolis, manages contract foodservice programs across senior housing, education, treatment centers and county jails (over 170 customer sites in 15 states); the deal supports founder succession and plans for accelerated growth and operational improvements.

Riverarch Equity Partners Invests in Hill Country Dairies

July 31, 2024

Food & Beverage

Riverarch Equity Partners has made a majority investment in Hill Country Dairies (HCD), a Texas-based full-service dairy distributor serving foodservice customers through a high-touch DSD model. Riverarch will take board seats and partner with HCD’s management to accelerate growth through product, geographic, and service-line expansion, supported by senior debt from Principal Asset Management and Manulife Investment Management.