South Mountain Creamery Acquires Trickling Springs Creamery

South Mill Champs Acquires The Mushroom Company

January 5, 2021

Food & Beverage

South Mill Champs (SMC), a leading vertically-integrated mushroom grower based in Kennett Square, Pennsylvania, has acquired The Mushroom Company, a long-established mushroom processor headquartered in Cambridge, Maryland. The acquisition expands SMC's processing capabilities (IQF, canning, blanching, blending, roasting) and capacity to better serve foodservice and industrial customers across North America.

Five Star Breaktime Solutions Acquires Cool Springs Refreshments

September 3, 2024

Food & Beverage

Five Star Breaktime Solutions has acquired Cool Springs Refreshments LLC, a Nashville-based vending and micro-market operator founded in 2004 by Robert Venables. The purchase expands Five Star’s footprint across Middle Tennessee, adding nearly 60 customer locations served by about 130 vending machines and micro-markets and enhancing its breakroom services in the Nashville market.

Riverence Holdings Acquires Clear Springs Foods

February 1, 2020

Food & Beverage

Riverence Holdings LLC announced the acquisition of Clear Springs Foods, Inc., creating the largest land-based producer of trout in the Americas. The deal expands Riverence’s vertically integrated “egg-to-plate” supply chain, increasing production, processing and distribution capacity while retaining brands and team members in Idaho’s Magic Valley.

Horizon Family Brands Acquires Maple Hill Creamery

December 1, 2025

Food & Beverage

Horizon Family Brands has acquired Maple Hill Creamery, bringing the 100% grass-fed organic dairy maker into Horizon’s portfolio to expand its organic dairy offerings and strengthen retail distribution across the U.S. The deal aims to combine Maple Hill’s grass‑fed expertise and farmer network with Horizon’s scale to accelerate innovation, supply‑chain resilience, and nationwide reach.

Source Capital Acquires M&M Refrigeration, LLC

May 3, 2018

Manufacturing

Source Capital, LLC, a lower middle-market private equity firm, has acquired M&M Refrigeration, LLC, a Federalsburg, Maryland-based designer, manufacturer and servicer of industrial refrigeration systems for cold storage, food processing and other industrial applications. Terms were not disclosed; Source Capital said it will partner with M&M's management to grow the business while honoring the company's core values, and founder Dufferin McConnell commented on the ownership transition.

PennSpring Capital Acquires Burch Materials & Supplies

February 16, 2022

Industrial Services

PennSpring Capital has acquired a majority interest in Malvern, Pennsylvania-based Burch Materials & Supplies (BMS), a distributor and service provider to the aggregate, mining and material processing industries. PennSpring intends to leverage its operational expertise to support BMS's next phase of growth and expand the company's service and product offerings.