SI Private Capital Makes Equity Investment in Yoder's Southern Creamery and Sutter's Quality Foods

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.

Entrepreneurial Equity Partners Invests in Ya YA Foods Corporation

March 2, 2021

Food & Beverage

Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has made a growth investment in Ya YA Foods Corporation, a Toronto-based contract manufacturer of aseptic and hot-fill food and beverage products. The Abbas Al-Ali family will retain a significant ownership stake and Duff & Phelps Securities Canada served as financial advisor to Ya YA Foods. Financial terms were not disclosed.

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.

Davidson Kempner / Afendis-backed Glacier Acquires YSCO

January 8, 2025

Food & Beverage

Davidson Kempner Capital Management, supported by operating partner Afendis Capital Management, has completed the acquisition of ice cream producer YSCO through its Glacier ice cream investments platform. The deal brings YSCO together with Gelato d'Italia to create one of the largest third‑party ice cream manufacturers globally (combined revenues in excess of €600 million); YSCO operates production sites in Belgium and France and distributes up to 200 million liters annually.

Rotunda Capital Partners Acquires Siegel Egg Co.

January 6, 2022

Food & Beverage

Rotunda Capital Partners has acquired a majority stake in Siegel Egg Co., a fourth-generation, family-owned distributor of bakery ingredients headquartered in Billerica, Massachusetts. Rotunda will partner with the existing management team to accelerate organic growth, expand into new markets and pursue add-on acquisitions while supporting operational improvements.

Butterfly Equity Acquires Milk Specialties Global from American Securities

December 23, 2022

Food & Beverage

Butterfly, a Los Angeles-based private equity firm focused on the food sector, has entered into a definitive agreement to acquire Milk Specialties Global, a vertically integrated manufacturer of dairy-based human and animal nutrition ingredients, from affiliates of American Securities. The transaction, terms undisclosed, is expected to close in Q1 2023 and the Milk Specialties leadership team, led by CEO David Lenzmeier, will remain in place.