Keystone Capital Partners with Penta Fine Ingredients; Mike Size Named CEO

SK Capital Acquires J&K Ingredients from CORE Industrial Partners

October 11, 2023

Food & Beverage

Funds advised by SK Capital Partners have acquired J&K Ingredients from CORE Industrial Partners. The acquisition, completed November 20, 2023, positions SK Capital to build a clean-label food & beverage ingredients platform around J&K's specialty preservative and bakery ingredient capabilities; debt financing was provided by KeyBanc Capital Markets, Kayne Anderson Private Credit, and Benefit Street Partners.

Shamrock Capital Acquires Penta Group

August 7, 2025

Marketing & Advertising

Los Angeles-based Shamrock Capital has acquired Penta Group from Falfurrias Management Partners to accelerate Penta's growth and invest in its proprietary data, analytics and AI capabilities. Penta, a Washington, D.C.-headquartered stakeholder communications and reputation intelligence firm serving Fortune 500 clients, will expand its global footprint and product offerings under Shamrock's ownership.

Keystone Capital Invests in Baily International

October 27, 2023

Food & Beverage

Keystone Capital Management, L.P. has entered an investment partnership with Baily International, a Granite City, Illinois-based producer of Asian appetizer products. Keystone will partner with CEO Steve Cameron (who remains in place) to support growth and pursue add-on acquisition opportunities; terms were not disclosed and senior debt was provided by CIBC Bank USA and Siemens Financial Services.

CORE Industrial Partners Acquires J&K Ingredients

October 22, 2020

Food & Beverage

Chicago-based private equity firm CORE Industrial Partners has acquired J&K Ingredients Corp., a Paterson, New Jersey manufacturer of natural, organic and clean-label bakery ingredients. CORE said it will support J&K's organic growth and pursue strategic add-on acquisitions to expand the company's product offering, customer base and end-market reach.

Prince Industries Acquires Keystone Precision & Engineering

September 4, 2024

Manufacturing

Prince Industries, a portfolio company of HC Private Investments, has acquired Keystone Precision & Engineering, a Pepperell, Massachusetts-based precision machining and assembly business. The add-on expands Prince's production capabilities and East Coast presence, strengthening its footprint in the aerospace, defense and medical end-markets; transaction terms were not disclosed.

Keystone Agency Partners Acquires Keystone Insurers Group

July 1, 2024

Insurance

Keystone Agency Partners (KAP) completed its acquisition of Keystone Insurers Group effective July 1, 2024. The deal brings Keystone Insurers Group’s franchise network into KAP’s PE-backed agency platform, expanding KAP’s regional footprint, distribution capabilities and service offerings to clients.