Swander Pace Capital Partners with Inovata Foods

Swander Pace Capital Acquires Maple Donuts

June 2, 2025

Food & Beverage

Swander Pace Capital has acquired Maple Donuts Inc., a Pennsylvania-based manufacturer of frozen private-label donuts, with Partners Capital and Constitution Capital Partners serving as lead co-investors. The Burnside family will transition the business to Swander Pace, which plans to expand Maple Donuts' product offerings, production capabilities, and market reach as part of its bakery-platform strategy.

Swander Pace Capital Acquires Café Valley

September 10, 2019

Food & Beverage

Swander Pace Capital acquired Café Valley, a leading wholesale bakery with production facilities in Phoenix, AZ and Marion, IN, to expand its consumer food portfolio. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction; Café Valley's existing CEO Brian Owens will remain in place.

Swander Pace Capital (with Branch Brook partners) Acquires Mighty Spark Food Company

May 25, 2021

Food & Beverage

Swander Pace Capital, through its Branch Brook strategic partnership with United Natural Foods, Inc. (UNFI) and Jefferson Capital Partners, has acquired Mighty Spark Food Company, a Minneapolis-based better-for-you protein brand. Intrepid acted as exclusive financial advisor to Mighty Spark; the transaction brings new leadership and board appointments and aims to accelerate the brand’s retail distribution and growth.

Innovatus Capital Partners Acquires VSA Partners

January 27, 2021

Marketing & Advertising

Innovatus Capital Partners has acquired creative agency VSA Partners, which will serve as the foundational entity in a newly created global marketing services platform. The partnership aims to expand VSA’s capabilities and geographic footprint while leveraging its integrated design, branding, and digital marketing expertise for major B2B and B2C clients.

Danone Acquires Functional Formularies from Swander Pace Capital

May 1, 2024

Food & Beverage

Danone has acquired Functional Formularies, a provider of organic, whole-food, shelf-stable feeding tube formulas, from private equity firm Swander Pace Capital. Swander Pace had owned Functional Formularies since 2018 and invested in sales, innovation, and operations to grow the business; advisors on the transaction included Lazard and Jones Day.

Swander Pace Capital, CDPQ and Roynat Acquire Majority Stake in St‑Méthode Bakery

December 28, 2023

Food & Beverage

Swander Pace Capital, together with CDPQ and Roynat Equity Partners, has acquired a majority stake in St‑Méthode Bakery (BSM), a Québec-based producer of healthy, value‑added fresh bread, headquartered in Adstock, Quebec. The existing management team will be retained, founder Benoit Faucher will remain as an advisor, and the investors plan to support a business transfer and growth initiatives into broader Canadian and U.S. markets.