KENT Corporation (via KENT Precision Foods Group) Acquires Frosty Boy Global

Tiny Acquires Majority Stake in Frosty

December 15, 2021

Marketing & Advertising

Tiny, a Canadian holding company focused on the digital agency space, has acquired a majority stake in Frosty, a brand design and marketing strategy firm founded by J.D. Ostrow and Greg Stogdon. The investment will allow Frosty to scale its services and broaden its portfolio while enabling Tiny to deepen its presence in fashion, sport and branding; Frosty Pop (the related games studio) will continue to operate independently and an existing investor, Faisal Sethi, remains involved.

Regal Confections Acquires Kisko Products (maker of Mr. Freeze)

January 6, 2022

Food & Beverage

Regal Confections has acquired Kisko Products, the Canadian market-leading freeze pop manufacturer and owner of the Mr. Freeze brand. The transaction was supported by Clearspring Capital Partners and will keep the Josephs family in operational roles; the deal expands Regal's seasonal portfolio, co-manufacturing capabilities and presence in the U.S.

GlacierPoint Enterprises Acquires Southern Ice Cream and Gourmet Foods

June 30, 2022

Food & Beverage

GlacierPoint Enterprises, a Mill Point Capital portfolio company, has acquired Southern Ice Cream and Gourmet Foods, a Charlotte-based full-service distributor of ice cream and related products across the Carolinas. The deal creates a newly formed GlacierPoint Carolinas division led by Bailey Jordan, expands GlacierPoint's DSD distribution footprint from South Carolina north to the U.S./Canadian border, and retains Southern's owners Kim and Chance DelCastillo in senior advisory roles.

Krystal Growth Partners Acquires Huer Foods

September 6, 2022

Food & Beverage

Krystal Growth Partners has completed the acquisition of Huer Foods Inc., a Langley, British Columbia-based packager and distributor of soft & chewy candy, from CEO and owner Ryan Storey. Krystal will partner with industry veteran John Frostad to support Huer's national growth and product development efforts across Canadian retail and online channels.

Dessert Holdings (Bain Capital) Acquires Kenny's Great Pies from Kaho Partners

May 17, 2024

Food & Beverage

Dessert Holdings, a premium-dessert platform owned by Bain Capital, has acquired Kenny's Great Pies from Kaho Partners. The acquisition adds Kenny's clean-label, cream-based pies and manufacturing capacity (33,000 sq ft facility in Smyrna, Georgia) to Dessert Holdings' portfolio to expand product offerings and distribution across retail, club and foodservice channels; terms were not disclosed.

Unilever Acquires Yasso Holdings, Inc.

June 14, 2023

Food & Beverage

Unilever has agreed to acquire Yasso Holdings, Inc., a U.S. premium frozen Greek yogurt brand, to bolster the premiumisation of its Ice Cream Business Group in North America. The acquisition, announced from Unilever's Englewood Cliffs office, will add Yasso's better‑for‑you frozen dessert portfolio (sold in grocery and club stores nationwide) to Unilever's ice cream brands and is expected to close in Q3 2023 subject to approvals.