Arbor Investments Acquires Golden Malted and Heartland Waffles from Roch Capital

Cérélia Acquires US Waffle; Continental Grain Makes Strategic Investment in Cérélia

March 30, 2021

Food & Beverage

Ardian-backed Cérélia has acquired US Waffle, a South Carolina-based maker of premium pancakes and waffles, to accelerate its North American expansion and enter the breakfast category. Separately, Continental Grain Company made a strategic equity investment in Cérélia to support the group's growth initiatives in bakery and frozen breakfast products.

New Water Capital Acquires Dutch Gold Honey and Related Businesses

March 3, 2025

Food & Beverage

An affiliate of New Water Capital Partners II L.P. has acquired Dutch Gold Honey and its related businesses — McLure's Honey & Maple Products, Gamber Container Company, The Bacon Jug Company and DGH Logistics. The investment positions Dutch Gold for expanded capacity, operational upgrades and growth while the Gamber family remains invested in the business.

Arbor Investments Recapitalizes Dr. G's Creations

November 15, 2021

Food & Beverage

Arbor Investments has completed a recapitalization of food-ingredient supplier Dr. G's Creations, marking the third platform investment for Arbor Fund V. The partnership will provide capital and operational support to help Dr. G's scale production, add infrastructure and systems, and expand distribution to meet growing demand from large QSRs, casual-restaurant chains and food processors; terms were not disclosed.

Edible Garden (via 2900 Madison Ave Holdings) Acquires Greenleaf Growers

September 2, 2022

Agriculture

Edible Garden, Inc. (via its holding company 2900 Madison Ave Holdings, LLC) acquired Greenleaf Growers, Inc., a greenhouse and wholesale commercial grower in Grand Rapids, Michigan; the transaction closed on September 2, 2022. Edible Garden will operate the site as "Edible Garden Heartland," integrate its proprietary GreenThumb technology, retain substantially all staff and expand regional production to better serve Midwest retail customers.

Hub International Acquires Assets of Golden Corner Wealth Advisors

July 7, 2023

Financial Services

Hub International Limited acquired the assets of Golden Green, Inc. d.b.a. Golden Corner Wealth Advisors, a Seneca, South Carolina-based financial advisory firm. The Golden Corner founder Jim Charbonneau and his team will join Hub Carolinas as part of Hub's effort to strengthen its Retirement and Private Wealth capabilities; terms were not disclosed.

UMB Financial Corporation Acquires Heartland Financial USA, Inc.

April 29, 2024

Financial Services

UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.