Investindustrial Acquires Parker Food Group from The Riverside Company

Parker Products (Backed by The Riverside Company) Acquires Creative Food Ingredients

August 25, 2020

Food & Beverage

The Riverside Company has invested in Creative Food Ingredients (CFI) as a platform-sized add-on to its Parker Products platform. The deal combines CFI's specialty baked ingredients with Parker's inclusions and value-added ingredient capabilities to expand product offerings, drive cross-selling and scale operational and R&D capabilities.

The Riverside Company Acquires PFB Corporation

December 17, 2021

Building Products

An affiliate of The Riverside Company completed the acquisition of PFB Corporation (TSX: PFB) by way of a court-approved plan of arrangement, with PFB shareholders receiving CAD 24.10 per common share. The transaction closes PFB’s TSX listing and positions Riverside to support PFB’s growth in Canada and the United States across its EPS insulation, structural insulated panels and engineered geotechnical product lines.

The Riverside Company Invests in National Flavors, LLC

March 11, 2020

Food & Beverage

The Riverside Company, a global private equity firm, has invested in National Flavors, LLC (NF), a Michigan-based flavor manufacturer founded in 1941 that supplies flavors for beverages, frozen desserts, baked goods, confections and processed fruits. Riverside said it will strengthen NF’s research, development and application capabilities through organic and inorganic initiatives and is actively pursuing add-ons to build out its flavor and specialty ingredients platform.

Performance Food Group Acquires Core‑Mark

September 1, 2021

Food & Beverage

Performance Food Group Company (PFG) has completed the acquisition of Core‑Mark Holding Company, Inc., creating a combined convenience-store distribution business operating under the Core‑Mark brand and headquartered in Westlake, Texas. The deal, valued at about $2.5 billion including net debt, was structured as a stock-and-cash transaction and brings Core‑Mark's ~7,500–8,000 employees, 32 distribution centers and ~40,000 customer locations into PFG's Vistar segment.

Azalea Capital Acquires Virginia Food Group

November 18, 2024

Food & Beverage

Azalea Capital has acquired Virginia Food Group (VFG), owner of brands including Virginia Diner, Feridies, The Peanut Shop of Williamsburg, and Red Rocker Candy. Farragut Capital Partners provided senior subordinated debt and equity alongside NewSpring Capital and Salem Investment Partners to support the acquisition, with Atlantic Union Bank providing senior debt financing.

Investindustrial Acquires TreeHouse Foods

February 13, 2026

Food & Beverage

Investindustrial has completed a $2.9 billion all-cash take-private acquisition of TreeHouse Foods, with Industrial F&B Investments III, Inc. merged into TreeHouse Foods. TreeHouse shareholders received $22.50 per share plus a contingent value right tied to ongoing litigation proceeds; the deal takes TreeHouse Foods private to support operational improvements and international expansion under Investindustrial.