Benford Capital Partners Exits Specialty Sales

Benford Capital Partners Acquires Legacy Bakehouse

April 11, 2023

Food & Beverage

Chicago-based private equity firm Benford Capital Partners has acquired Legacy Bakehouse, a Waukesha, Wisconsin-based developer and manufacturer of baked snack ingredients and the owner of the Pinahs brand. Benford will partner with Legacy President Peter Sardina, invest in operational capacity and sales capabilities, and pursue add-on acquisitions to grow the platform.

Benford Capital Partners Acquires Animix, LLC

October 18, 2022

Agriculture

Benford Capital Partners has acquired Animix, LLC, a Juneau, Wisconsin–based supplier of water-dispersible premixes, supplements and ingredients for the calf milk replacer and animal feed markets. The company was sold by retiring owner Janusz Sowinski; Animix management (President Ronelle Blome and Dave Wood) invested alongside Benford and will continue to lead the business as Benford pursues organic growth and add-on acquisitions.

Benford Capital Forms Pasture Brands to Recapitalize Farmers Hen House

December 15, 2021

Food & Beverage

Chicago-based private equity firm Benford Capital Partners has formed Pasture Brands Holdings, LLC to recapitalize Farmers Hen House, a Kalona, Iowa–based specialty egg producer. CEO Ryan Miller will remain in place and Benford plans to invest in sales, operations, product development and marketing while pursuing add-on acquisitions to grow the platform.

Specialty Sales (Benford Capital Portfolio) Acquires Enviro‑Tech and Bovistride as Add‑ons

July 29, 2021

Agriculture

Specialty Sales, a Benford Capital Partners portfolio company, completed two add-on acquisitions: Environmental Technologies, Inc. (Enviro‑Tech) and Bovistride, LLC. The deals expand Specialty Sales' automated hoof bath systems and recurring hoof care product capabilities, consolidating its market leadership serving commercial dairies in the United States.

Benford Capital Partners Recapitalizes Nutrition Service Company

June 22, 2021

Agriculture

Chicago-based private equity firm Benford Capital Partners completed a recapitalization of Nutrition Service Company, a Pulaski, Wisconsin-based producer of custom dairy cattle feed blends and processed soybean products. Benford will partner with NSC management (CEO Robert Block and CFO Paul Harke) to fund organic growth, invest in manufacturing and sales capabilities, and pursue add-on acquisitions as NSC becomes a platform investment for the firm.

Benford Capital Recapitalizes Brothers International Food Corporation

December 31, 2020

Food & Beverage

Chicago-based private equity firm Benford Capital Partners completed a recapitalization of Brothers International Food Corporation, partnering with founder and CEO Travis Betters who will remain in place. The capital will be used to invest in sales, marketing, R&D and new product development across Brothers' ingredients and Brothers All-Natural divisions, and to pursue add-on acquisitions in the healthy snacks and food ingredients space.