PAI Partners Acquires Savory Solutions Group from IFF

Exponent Acquires IFF's Flavour Specialty Ingredients (FSI) Business

August 2, 2023

Food & Beverage

Exponent Private Equity agreed to acquire the Flavour Specialty Ingredients division (FSI) from International Flavors & Fragrances (IFF), a UK‑headquartered supplier of natural and aroma chemical base aromas. The carve‑out includes four manufacturing and distribution facilities across the UK, US and China, serves ~970+ clients and generates over $100 million in revenue; Exponent will back FSI to grow organically and via acquisitions.

Paeonia Industries Acquires the Savant Group

March 3, 2025

Industrial Services

Paeonia Industries, the industrial operating platform of Singapore-based Paeonia Group, has acquired the Savant Group, a Midland, Michigan–based consortium of companies specializing in lubricant testing, laboratory instrumentation, and materials certification. The deal will keep Savant's operations in Midland while leveraging Paeonia's global resources to expand capabilities and market reach in the energy, automotive and manufacturing end markets.

PAI Partners Acquires Majority Stake in Nutripure

July 25, 2024

Consumer Products

PAI Partners, through its PAI Mid-Market Fund, has agreed to acquire a majority, controlling stake in Nutripure from Ardian. The investment will support Nutripure’s product development, community growth and European expansion while founders and Bpifrance remain shareholders.

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

Advent International Acquires Sauer Brands from Falfurrias Capital Partners

February 19, 2025

Food & Beverage

Advent International has completed its acquisition of Sauer Brands Inc., a portfolio of condiments and seasonings brands including Duke's Mayo, Kernel Season's and Mateo's Gourmet Salsa, from Falfurrias Capital Partners. As part of the close, E. Yuri Hermida was appointed CEO and the deal positions Advent to support Sauer Brands' next phase of growth across retail and away-from-home channels.

SAI MedPartners Acquires PharmaForce International

March 29, 2023

Healthcare Services

SAI MedPartners, a consultancy focused on strategic insights and analytics for the pharmaceutical, biotech, and medical device industries, has acquired PharmaForce International, a Reading, Pennsylvania–based market intelligence and syndicated research firm. The acquisition adds PharmaForce's commercial benchmarking and syndicated research capabilities to SAI's competitive intelligence offerings; SAI is PE-backed by Northlane Capital Partners (which partnered with management to acquire SAI in June 2022).