Meliora Group Acquires Cheese Reporter

Borgman Capital Acquires Dairyfood USA as Add-on to Gilman Cheese

May 31, 2022

Food & Beverage

Milwaukee private equity firm Borgman Capital completed the add-on acquisition of Dairyfood USA, a specialty extended shelf-life cheese processor headquartered in Blue Mounds, Wisconsin. The acquisition will be integrated with Borgman’s platform company Gilman Cheese Corporation to expand product mix, increase production capacity and realize synergies across retail, foodservice and transportation customers.

Crain Communications Acquires Green Market Report

September 23, 2021

Media & Entertainment

Crain Communications has acquired Green Market Report, a New York–based digital media brand covering financial news in the cannabis industry. The acquisition, which expands Crain's portfolio into cannabis-focused financial journalism, will be finalized on Sept. 30, 2021.

Industry Dive Acquires CFO Media Group (CFO.com / CFO Magazine)

December 16, 2020

Media & Entertainment

Industry Dive has acquired CFO Media Group, bringing the CFO brand, magazine, website, research, events, audience and staff into Industry Dive’s portfolio of industry-focused publications. The deal expands Industry Dive’s reach into the finance/CFO audience and combines CFO’s long-standing finance journalism with Industry Dive’s data-driven B2B publishing and studio capabilities.

Argus Media Acquires Mercaris

June 27, 2023

Data & Analytics

Argus Media has acquired Mercaris, a US provider of sustainable agriculture price assessments, analytics and forecasts for organic and non-GMO commodities. The deal (terms undisclosed) will expand Argus's agriculture pricing and analytics capabilities in the Americas and accelerate product development into related markets such as biofuels and agricultural inputs.

Gilman Cheese Merges with Dairyfood USA (PE add-on)

May 31, 2022

Food & Beverage

Gilman Cheese Corporation has merged with Dairyfood USA to combine two Wisconsin specialty cheese processors and expand their product mix, including extended shelf-life and naturally smoked cheeses. The deal was announced as an add-on to Gilman’s PE-backed platform (sources reference Midwest Growth Partners and Borgman Capital in connection with Gilman) and aims to broaden capabilities and global distribution for processed cheese products.

Tilia Holdings Acquires Caputo Cheese from Promus Equity Partners

July 17, 2025

Food & Beverage

Chicago-based private investment firm Tilia Holdings has acquired Caputo Cheese, a Melrose Park, Illinois value-added processor of high-quality Italian cheeses, from Promus Equity Partners (transaction closed June 30, 2025). Monroe Capital provided the senior credit facility and an equity co-investment to support the acquisition; Natale Caputo will continue to lead the company as Tilia looks to scale Caputo's manufacturing and national distribution capabilities.