Burdette Beckmann (BBI) Acquires PROMARK

Burdette Beckmann (BBI) Acquires Action Sales West Inc.

November 4, 2025

Food & Beverage

Burdette Beckmann Inc. (BBI), a national confectionery sales agency, has acquired Action Sales West Inc., a regional sales agency serving California, Nevada and Arizona. The acquisition expands BBI’s western U.S. coverage and will integrate Action Sales West’s team and client relationships into BBI’s national platform.

Mercer Advisors Acquires Benemark, Inc.

March 1, 2022

Wealth Management

Mercer Global Advisors (Mercer Advisors) has acquired Benemark, Inc., a Westport, Connecticut-based wealth management firm, expanding Mercer’s presence in the Northeast. Benemark serves approximately 70 clients with about $230 million in AUM; the Benemark team, including founders Robert A. Medvey and Gregg G. Padilla, will join Mercer Advisors as part of the transaction.

Clearlake Capital Acquires BakeMark from Pamplona Capital

July 20, 2021

Food & Beverage

Clearlake Capital Group has signed a definitive agreement to acquire BakeMark USA, a leading manufacturer and distributor of bakery ingredients, products, and supplies, from Pamplona Capital Management. BakeMark, headquartered in Pico Rivera, California, operates five manufacturing sites and 29 distribution centers across North America and will be positioned as a platform to accelerate growth and industry consolidation in the bakery distribution and manufacturing space.

BDT Capital Partners Takes Significant Stake in ProMach; Leonard Green Reinvests

May 3, 2023

Manufacturing

Funds managed by BDT Capital Partners have entered into a definitive agreement to acquire a significant stake in ProMach alongside existing majority owner Leonard Green & Partners, which will invest new capital. The transaction (terms undisclosed) is expected to close in the second half of 2023 and supports ProMach's continued growth in processing and packaging machinery and systems integration.

Paine Schwartz Acquires Promix

November 26, 2024

Food & Beverage

Paine Schwartz Partners’ Food Chain Fund VI has acquired Promix LLC, a Gainesville, Florida–based maker of clean‑ingredient protein mixes, supplements, vitamins and better‑for‑you snack bars. Promix’s founding management team will remain in place, Bob DeBorde will join as Executive Chairman, and Paine Schwartz will support growth initiatives including marketing, product innovation, margin optimization and channel expansion. Financial terms were not disclosed.

Groupe Berkem Acquires i.Bioceuticals from International Nutrition Company (INC)

February 16, 2023

Food & Beverage

Groupe Berkem has acquired i.Bioceuticals, the exclusive North American distributor of OPC and pine bark extracts from Dutch supplier International Nutrition Company (INC). The cash transaction transfers i.Bioceuticals' Massachusetts-based team to Groupe Berkem as the Group expands its bio-based health, beauty and nutraceutical offering and strengthens its footprint in North America.