Heartisan Foods Acquires North Country Packaging

The Gellert Global Group Acquires Heartisan Foods from Ronin Equity Partners and Landon Capital Partners

April 14, 2025

Food & Beverage

The Gellert Global Group has acquired Barron, Wisconsin‑headquartered Heartisan Foods, a manufacturer and distributor of branded and private‑label specialty and flavored cheeses, from Ronin Equity Partners and Landon Capital Partners. The acquisition consolidates Heartisan's Red Apple, Barron County Cheese and other assets with Gellert’s Atalanta platform to expand the buyer’s presence in the U.S. specialty cheese market.

Ronin Equity Partners Acquires Red Apple Cheese, Barron County Cheese and Cheese Brothers to Build Specialty Cheese Platform

June 7, 2021

Food & Beverage

Ronin Equity Partners acquired Red Apple Cheese, Barron County Cheese and Cheese Brothers and combined them into a newly created, vertically integrated platform to consolidate the U.S. specialty cheese and charcuterie market. The group will operate as an omni-channel platform—combining manufacturing, co-packing and e-commerce—while existing management and founders retain significant stakes and Ronin provides operational and roll‑up expertise.

ByHeart Acquires Packaging Company Cascadia Nutrition

January 5, 2023

Food & Beverage

ByHeart has entered into a definitive agreement to acquire Cascadia Nutrition, an FDA-registered packaging and blending facility in Portland, Oregon, from the Balogh family and DPI Group. The acquisition gives ByHeart end-to-end control of packaging as it integrates Cascadia into its manufacturing supply chain to expand U.S. infant formula production and strengthen supply resilience.

HCI Equity Partners Acquires Express Packaging

February 12, 2019

Packaging

HCI Equity Partners has acquired Express Packaging, a Newcomerstown, Ohio-based provider of outsourced contract packaging and contract manufacturing services for global consumer brands. Patriot Capital Group provided subordinated debt and an equity investment to support the transaction; Express operates three SQF Level 3 certified facilities in West Chicago, IL; Columbus, OH; and Newcomerstown, OH.

Borgman Capital Acquires Dairyfood USA as Add-on to Gilman Cheese

May 31, 2022

Food & Beverage

Milwaukee private equity firm Borgman Capital completed the add-on acquisition of Dairyfood USA, a specialty extended shelf-life cheese processor headquartered in Blue Mounds, Wisconsin. The acquisition will be integrated with Borgman’s platform company Gilman Cheese Corporation to expand product mix, increase production capacity and realize synergies across retail, foodservice and transportation customers.

Welcome Dairy Holdings Acquires North Star Processing

July 9, 2021

Food & Beverage

Welcome Dairy Holdings, a New Heritage Capital portfolio company, has acquired North Star Processing, a spray-drying specialist for the food ingredient industry. The add-on brings in-house spray drying capabilities to Welcome, expanding its ingredient manufacturing services from flavor formulation through full-scale production.