Paine Schwartz Acquires Promix
November 26, 2024
Paine Schwartz Partners’ Food Chain Fund VI has acquired Promix LLC, a Gainesville, Florida–based maker of clean‑ingredient protein mixes, supplements, vitamins and better‑for‑you snack bars. Promix’s founding management team will remain in place, Bob DeBorde will join as Executive Chairman, and Paine Schwartz will support growth initiatives including marketing, product innovation, margin optimization and channel expansion. Financial terms were not disclosed.
- Buyers
- Paine Schwartz Partners (Paine Schwartz Food Chain Fund VI)
- Targets
- Promix LLC
- Industry
- Food & Beverage
- Location
- Florida, United States
- Transaction Type
- Buyout
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