Prairie Farms Dairy Acquires SmithFoods

Worldwide Produce Acquires Valley Food Services

June 15, 2022

Food & Beverage

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Valley Food Services, a fresh produce and dairy distributor serving the Coachella Valley. The add-on expands Worldwide Produce's presence in the Coachella Valley and complements its West Coast distribution network; terms were not disclosed.

Barkley Acquires Smiths Agency to Deepen Food & Beverage Expertise

September 12, 2022

Marketing & Advertising

Barkley, an independent creative agency based in Kansas City, acquired Pittsburgh-based Smiths Agency, a 45-person marketing firm focused on food and beverage brands. The deal brings Smiths into the Barkley brand to expand Barkley's capabilities and client roster in the food & beverage category and strengthen its mid-Atlantic team.

Pritzker Private Capital Acquires Sugar Foods Corporation

October 3, 2023

Food & Beverage

Pritzker Private Capital has acquired Sugar Foods Corporation, a Westlake Village, California-based food manufacturer known for crunchy toppings, croutons, pizza toppings and beverage ingredients. PPC will partner with Sugar Foods' existing management to support product innovation, customer expansion and strategic add-on acquisitions while providing capital and industry expertise to accelerate growth.

Borgman Capital Acquires Dairyfood USA as Add-on to Gilman Cheese

May 31, 2022

Food & Beverage

Milwaukee private equity firm Borgman Capital completed the add-on acquisition of Dairyfood USA, a specialty extended shelf-life cheese processor headquartered in Blue Mounds, Wisconsin. The acquisition will be integrated with Borgman’s platform company Gilman Cheese Corporation to expand product mix, increase production capacity and realize synergies across retail, foodservice and transportation customers.

Dairy.com, ever.ag and EFC Systems Merge to Form EverAg

February 22, 2022

Agriculture

Dairy.com, ever.ag and EFC Systems combined their businesses to form EverAg, a unified agribusiness company providing supply chain, agronomy, and risk management solutions for dairy, livestock, crops and broader agribusiness. The integrated company is headquartered in Texas and employs approximately 450 people across seven global locations, supporting hundreds of customers and over 200,000 farms.

Gilman Cheese Merges with Dairyfood USA (PE add-on)

May 31, 2022

Food & Beverage

Gilman Cheese Corporation has merged with Dairyfood USA to combine two Wisconsin specialty cheese processors and expand their product mix, including extended shelf-life and naturally smoked cheeses. The deal was announced as an add-on to Gilman’s PE-backed platform (sources reference Midwest Growth Partners and Borgman Capital in connection with Gilman) and aims to broaden capabilities and global distribution for processed cheese products.