Gladstone Capital Backs Enlightened Hospitality & KarpReilly Investment in Salt & Straw

LaSalle Capital and Lightspring Complete Acquisition of Great Lakes Potato Chips

December 22, 2022

Food & Beverage

LaSalle Capital, in partnership with Lightspring Capital I, LP, has completed the acquisition of Great Lakes Potato Chips, a Traverse City, Michigan-based kettle-cooked potato chip manufacturer founded by Ed and Chris Girrbach. The founders remain involved (Chris Girrbach will stay on as CEO) and the buyers intend to accelerate growth into new states and accounts across retail, foodservice distributors and direct-to-consumer channels.

Insight Equity Acquires Strauss Brands LLC

August 8, 2019

Food & Beverage

Insight Equity Holdings LLC has acquired Strauss Brands LLC, a family-owned producer of ethically raised specialty meats headquartered in Franklin, Wisconsin. The Strauss family retained a significant ownership stake and Randy Strauss remains CEO; Insight Equity will invest capital to build a new state-of-the-art processing facility, expand production capacity, and grow Strauss's retail and foodservice channels.

Granite Creek Capital and Clover Capital Invest in Big Easy Blends

May 18, 2021

Food & Beverage

Chicago-based Granite Creek Capital Partners and Evanston-based Clover Capital Partners announced a growth investment in New Orleans-based Big Easy Blends, a manufacturer of single-serve pouched frozen beverages and novelties. The capital will be used to expand production capacity, broaden sales and marketing efforts, and support product development and facility expansion.

SNH Capital Partners Makes Strategic Investment in Arctic Fisheries

November 25, 2025

Food & Beverage

SNH Capital Partners has made a strategic growth investment in Arctic Fisheries, a Buffalo, New York-based importer and distributor of premium seafood products. Michael Kotok will remain a shareholder and continue to lead the company as SNH provides capital and operational resources to accelerate Arctic Fisheries' growth across existing and new markets.

Gladstone Capital Provides Senior Debt and Minority Equity Investment in WB Xcel Holdings (Xcel)

November 30, 2021

Consumer Products

Gladstone Capital Corporation completed a senior debt and minority equity investment in WB Xcel Holdings, LLC (Xcel), a Hawaii-headquartered surf and watersports apparel and equipment brand. The capital will provide balance sheet flexibility, fund growth initiatives and support the company’s international expansion plans.

GlacierPoint Enterprises Acquires Southern Ice Cream and Gourmet Foods

June 30, 2022

Food & Beverage

GlacierPoint Enterprises, a Mill Point Capital portfolio company, has acquired Southern Ice Cream and Gourmet Foods, a Charlotte-based full-service distributor of ice cream and related products across the Carolinas. The deal creates a newly formed GlacierPoint Carolinas division led by Bailey Jordan, expands GlacierPoint's DSD distribution footprint from South Carolina north to the U.S./Canadian border, and retains Southern's owners Kim and Chance DelCastillo in senior advisory roles.