Saco Foods (Fengate / Weathervane Portfolio) Acquires Quinoa Corporation (Ancient Harvest & Pamela's)

Fengate Private Equity and Weathervane Investments Acquire Saco Foods

January 22, 2024

Food & Beverage

Fengate Private Equity, partnering with Weathervane Investments and managing the investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada, has acquired Saco Foods Holdings, LLC from Benford Capital Partners. The Middleton, Wisconsin-based branded shelf-stable food company will continue to be led by CEO Tom Walzer, who retains a significant equity stake; the buyers plan to support growth through new product innovation, channel expansion and further platform-building acquisitions.

Ancient Harvest Acquires Pamela's

January 13, 2020

Food & Beverage

Ancient Harvest (part of Quinoa Corporation and backed by Encore Consumer Capital) has completed the acquisition of the Pamela's brand, joining two heritage gluten-free companies. The deal more than doubles the business under Quinoa Corporation's management, expands retail footprint and combines formulation expertise and supplier networks to drive new product development and manufacturing scale.

Saco Foods Acquires Solo Foods from Sokol & Company

January 24, 2024

Food & Beverage

Saco Foods Holdings, a branded food company and platform backed by private equity, has acquired Solo Foods LLC from Chicago-based Sokol & Company. The tuck-in add-on expands Saco's center-store baking portfolio (cake and pastry fillings, marzipan and almond paste) and will leverage Saco's shared services, retail placement and e-commerce channels to grow the Solo brand.

Saco Foods Acquires Hoosier Hill Farm (Add-on to Benford Capital Portfolio)

May 11, 2021

Food & Beverage

Saco Foods Holdings, a portfolio company of Benford Capital Partners, acquired Hoosier Hill Farm, a digitally native branded shelf-stable food company based in Fort Wayne, Indiana. The acquisition is an add-on to Saco's platform to expand eCommerce capabilities and cross-sell products across Saco's retail channels; Hoosier Hill's founder Pete Roesner remains an ongoing owner and partner in the business.

Hidden Harbor Capital Partners Invests in Quaker Valley Foods

January 7, 2025

Food & Beverage

Hidden Harbor Capital Partners has made a strategic control investment in Quaker Valley Foods, a Philadelphia-based protein distributor. The management team will remain in place and Hidden Harbor intends to scale operations and pursue organic growth and acquisitions; debt financing was provided by NXT Capital and Maranon Capital.

Harvest Partners SCF Invests in 8th Avenue Food & Provisions

January 9, 2020

Food & Beverage

Harvest Partners SCF, LP (the non-control private equity strategy of Harvest Partners) has made a minority investment in 8th Avenue Food & Provisions, a leading private‑brand food manufacturer owned by Post Holdings and Thomas H. Lee Partners. 8th Avenue, headquartered in Minneapolis, produces private‑label peanut and tree nut butters, dry pasta and granola; the capital is intended to support organic growth and enable consolidation of the fragmented private‑brand food market. Terms were not disclosed.