SK Capital Acquires J&K Ingredients from CORE Industrial Partners
October 11, 2023
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.
- Buyers
- SK Capital Partners
- Targets
- J&K Ingredients
- Sellers
- CORE Industrial Partners
- Industry
- Food & Beverage
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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