Sugar Foods Acquires Concord Foods

Pritzker Private Capital Acquires Sugar Foods Corporation

October 3, 2023

Food & Beverage

Pritzker Private Capital has acquired Sugar Foods Corporation, a Westlake Village, California-based food manufacturer known for crunchy toppings, croutons, pizza toppings and beverage ingredients. PPC will partner with Sugar Foods' existing management to support product innovation, customer expansion and strategic add-on acquisitions while providing capital and industry expertise to accelerate growth.

ACON Investments Acquires Stake in Sapore S.A.

April 5, 2022

Food & Beverage

ACON Investments and affiliates of ACON Latin America Opportunities Fund V, L.P., together with co-investors, acquired an equity stake in Sapore S.A., Brazil’s largest privately‑owned corporate foodservice company. The investment will fund Sapore’s expansion and technology initiatives and support the existing shareholders and management as they prepare the company for a potential IPO.

Harwood Private Equity Acquires Crest Foods

February 20, 2024

Food & Beverage

Harwood Private Equity has acquired Crest Foods, a US-based provider of dairy stabilizers, contract packaging, and private-label dry food manufacturing. Terms were not disclosed; Brown Gibbons Lang & Company served as financial advisor and facilitated a sale-leaseback of Crest's 575,000-square-foot Ashton, Illinois facility via TPG Angelo Gordon's Net Lease business. Harwood said the acquisition will support Crest Foods’ next phase of growth.

H.I.G. Capital Invests in Concord; Concord Acquires Upton Hill

April 6, 2021

IT Services

An affiliate of H.I.G. Capital completed a growth investment in Concord USA, LLC, a Minneapolis-based technology consulting and digital transformation firm. Concurrently, Concord acquired Upton Hill Inc., a Minnesota-based healthcare-focused consulting firm, to deepen its payor expertise and broaden service capabilities for enterprise clients.

Concord (H.I.G. Portfolio Company) Acquires SwiftWIN Solutions

February 8, 2022

IT Services

Concord USA, LLC, a portfolio company of H.I.G. Capital, has acquired SwiftWIN Solutions, a Charlotte-based digital consulting and technology services provider. The acquisition expands Concord’s ecommerce, digital marketing, data analytics, and cloud capabilities while broadening its global delivery footprint across the U.S., Eastern Europe and India; SwiftWIN’s leadership will continue to run the business within Concord.

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.