CapVest Acquires Second Nature Brands from Palladium Equity Partners

Second Nature Brands (CapVest) Acquires Brownie Brittle from Encore Consumer Capital

December 7, 2022

Food & Beverage

Second Nature Brands, a snacks platform controlled by CapVest Partners LLP, has completed the acquisition of Brownie Brittle from Encore Consumer Capital. The deal is an add-on to the Second Nature Brands platform to expand its portfolio into baking and accelerate Brownie Brittle's retail and e-commerce growth; terms were not disclosed.

Second Nature Brands Acquires Sahale Snacks from The J.M. Smucker Co.

September 27, 2023

Food & Beverage

Second Nature Brands, a Michigan-based snack platform, has agreed to acquire Sahale Snacks from The J.M. Smucker Co. for $34 million. The deal includes Sahale trademarks and a leased manufacturing facility in the Seattle area and will transition approximately 100 employees to Second Nature Brands; the acquisition is an add-on to Second Nature Brands' premium snack portfolio.

Banyan Capital Partners Acquires Second Nature Designs

November 15, 2023

Consumer Products

Banyan Capital Partners has acquired Second Nature Designs Limited, a Hamilton, Ontario-based manufacturer and distributor of dried florals and home décor products. Founder and president Steve Koning and the management team will retain a minority ownership as Banyan partners with the company to pursue growth across North America.

Second Nature Brands Acquires Voortman Brand from The J.M. Smucker Co.

October 22, 2024

Food & Beverage

Second Nature Brands (PE-backed by CapVest Partners) acquired the Voortman cookie brand from The J.M. Smucker Co. in an all-cash transaction valued at approximately $305 million (subject to working capital adjustments). The deal (which closed Dec. 2, 2024) includes all Voortman trademarks, a leased manufacturing facility in Burlington, Ontario, and the transition of about 300 employees; Second Nature says the acquisition expands its cookie portfolio and U.S./Canada growth opportunities.

CapVest Acquires Natra from Investindustrial

July 18, 2022

Food & Beverage

Funds managed by CapVest Partners LLP have signed an agreement to acquire Natra, a European producer and distributor of chocolate and cocoa products, from Investindustrial. The deal gives CapVest a platform in the chocolate category to accelerate international growth, support innovation and pursue strategic acquisitions.

Blue Road Capital Acquires NatureSweet from Silver Ventures

September 20, 2023

Agriculture

Blue Road Capital, an investment firm focused on vertically integrated food and agriculture businesses, has acquired NatureSweet (NS Brands, Ltd.), the largest vertically integrated greenhouse-grown produce company in North America, from Silver Ventures for an undisclosed sum. NatureSweet grows, harvests, and packages tomatoes, peppers, and cucumbers across more than 1,400 acres and employs over 6,000 people, with products sold through major supermarkets across the United States, Mexico, and Canada.