Saco Foods Acquires Solo Foods from Sokol & Company

Solina Acquires Sokol Custom Food Ingredients

February 6, 2025

Food & Beverage

Solina, a France-based global food-ingredients partner, has acquired U.S.-based Sokol Custom Food Ingredients, a Countryside, Illinois manufacturer of custom sweet and savoury sauces. The deal strengthens Solina USA's sweet-sauce capabilities, increases capacity and scale in the Midwest, and continues Solina's expansion in North America; Sokol was owned by Burlington Capital Partners prior to the sale.

Solina Acquires Sokol Custom Food Ingredients

February 7, 2025

Food & Beverage

Solina, the France-based global food ingredients partner, has acquired Sokol Custom Food Ingredients from private equity firm Burlington Capital Partners. Sokol, headquartered in Countryside, Illinois, is a formulator and manufacturer of wet-fill and liquid food ingredient products and will continue to be led by its existing management team under Solina's ownership.

Saco Foods Acquires Hoosier Hill Farm (Add-on to Benford Capital Portfolio)

May 11, 2021

Food & Beverage

Saco Foods Holdings, a portfolio company of Benford Capital Partners, acquired Hoosier Hill Farm, a digitally native branded shelf-stable food company based in Fort Wayne, Indiana. The acquisition is an add-on to Saco's platform to expand eCommerce capabilities and cross-sell products across Saco's retail channels; Hoosier Hill's founder Pete Roesner remains an ongoing owner and partner in the business.

Burlington Capital Partners Acquires Sokol & Company

September 1, 2022

Food & Beverage

Private equity firm Burlington Capital Partners acquired Sokol & Company in a management-led buyout completed in partnership with Sokol's management. Gladstone Capital Corporation provided senior debt financing and an equity co-investment to support the transaction; the investment will fund growth initiatives to leverage Sokol's manufacturing and packaging capabilities.

Fengate Private Equity and Weathervane Investments Acquire Saco Foods

January 22, 2024

Food & Beverage

Fengate Private Equity, partnering with Weathervane Investments and managing the investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada, has acquired Saco Foods Holdings, LLC from Benford Capital Partners. The Middleton, Wisconsin-based branded shelf-stable food company will continue to be led by CEO Tom Walzer, who retains a significant equity stake; the buyers plan to support growth through new product innovation, channel expansion and further platform-building acquisitions.

Solina Acquires Saratoga Food Specialties

October 4, 2022

Food & Beverage

Solina, a France-based producer of savoury ingredient solutions, has signed an agreement to acquire Saratoga Food Specialties to accelerate its North American expansion. The deal (subject to regulatory approval) will add Saratoga's liquid-sauce capabilities, three U.S. manufacturing sites and approximately 500 employees to Solina's North American footprint.