FlavorSum (Riverside Portfolio) Acquires Whittle & Mutch

FlavorSum (Riverside) Acquires Meridian Flavors

August 25, 2022

Food & Beverage

FlavorSum, a Flavor & Ingredients platform owned by The Riverside Company, has acquired Meridian Flavors, a Fenton, Missouri-based manufacturer of natural, non-GMO and organic flavor systems. The transaction is an add-on to the FlavorSum platform and expands its clean-label and sweet/dairy flavor capabilities to better serve small and mid-sized food & beverage customers.

The Riverside Company Invests in National Flavors, LLC

March 11, 2020

Food & Beverage

The Riverside Company, a global private equity firm, has invested in National Flavors, LLC (NF), a Michigan-based flavor manufacturer founded in 1941 that supplies flavors for beverages, frozen desserts, baked goods, confections and processed fruits. Riverside said it will strengthen NF’s research, development and application capabilities through organic and inorganic initiatives and is actively pursuing add-ons to build out its flavor and specialty ingredients platform.

The Riverside Company / National Flavors Acquires Bonnie & Don Flavours (B&D)

December 15, 2020

Food & Beverage

The Riverside Company, through its flavor platform with portfolio company National Flavors (NF), completed an add-on acquisition of Bonnie & Don Flavours (B&D), a Canadian manufacturer of natural and organic flavors and extracts. The deal is the second add-on to Riverside's flavor platform and is intended to expand the platform's geographic presence by adding a manufacturing facility in Canada.

The Riverside Company Adds GSB & Associates as First Add-on to National Flavors Platform

July 29, 2020

Food & Beverage

The Riverside Company has invested in GSB & Associates, Inc. (GSB), a flavor house specializing in liquid and powdered custom flavors, masking agents and enhancers. GSB will be the first add-on to Riverside portfolio company National Flavors, broadening the combined platform's product portfolio and R&D capabilities to better serve small- and mid-sized food & beverage customers.

The Middleby Corporation Acquires Flavor Burst LLC

February 15, 2023

Manufacturing

The Middleby Corporation has acquired Flavor Burst LLC, a Danville, Indiana–based maker of automated flavoring and dispensing systems for soft serve, shakes, slushes and other frozen beverages. Flavor Burst, which generates roughly $5 million in annual revenue, will expand Middleby’s beverage and soft-serve product offerings and integrate with its existing Taylor equipment distribution relationships.

Summa Equity Acquires Majority Stake in Nutris

September 3, 2024

Food & Beverage

Impact investor Summa Equity has acquired a majority stake in Nutris, a Croatian plant-based protein ingredients manufacturer founded in 2019. The investment will support scaling Nutris’s manufacturing capacity and R&D to expand production of fava-bean protein isolates and other plant-based ingredients for food, sports nutrition and dairy/meat alternative markets.