Clearspring Capital Partners Acquires Majority Interest in Regal Confections

Regal Confections Acquires Mondoux Confectionary

July 16, 2024

Food & Beverage

Regal Confections, supported by Clearspring Capital Partners, has acquired Mondoux Confectionary, a Quebec-based confectionery manufacturer and distributor known for its Sweet Sixteen gummy line and Giacomo chocolate brand. The deal adds Mondoux's manufacturing and direct-store-delivery footprint (including 77 trucks and ~200+ employees) to Regal's national distribution and owned brand portfolio to deepen presence in the Convenience & Gas channel across Eastern Canada and nationally.

Regal Confections Acquires Tosuta International Sales Ltd.

November 3, 2021

Food & Beverage

Regal Confections, backed by Clearspring Capital Partners, has acquired Tosuta International Sales Ltd., an importer and distributor of confectionery products headquartered in Langley, British Columbia. The acquisition is an add-on to strengthen Regal’s gas & convenience presence in Western Canada, expand its brand portfolio (including Koala and Livewires), and add entry into the throat lozenges category.

Regal Confections Acquires Kisko Products (maker of Mr. Freeze)

January 6, 2022

Food & Beverage

Regal Confections has acquired Kisko Products, the Canadian market-leading freeze pop manufacturer and owner of the Mr. Freeze brand. The transaction was supported by Clearspring Capital Partners and will keep the Josephs family in operational roles; the deal expands Regal's seasonal portfolio, co-manufacturing capabilities and presence in the U.S.

SK Capital Partners Acquires Spectra Confectionery Ltd.

December 10, 2024

Food & Beverage

Funds advised by SK Capital Partners acquired Spectra Confectionery Ltd., a Toronto-area manufacturer of premium decorative toppings and confectionery products, from founders Bill and Maureen Georgas. Debt financing was provided by MidStar Capital and unitranche financing (with an equity co-investment) was provided by Stellus Capital Management; Spectra's leadership (the Georgas family) will remain in place to run day-to-day operations.

Gemspring Capital Acquires ClearCompany

September 20, 2023

Cloud & SaaS

Gemspring Capital Management (through an affiliate) has acquired a majority interest in ClearCompany Holdings, Inc., a provider of talent management / human capital management (HCM) software. Financial terms were not disclosed; Gemspring said it will partner with ClearCompany's management to expand the customer base, enhance product offerings, and accelerate growth.

Clearspring Capital Partners Leads Growth Investment in INNOTEX

July 9, 2024

Manufacturing

Clearspring Capital Partners announced a growth investment in INNOTEX Inc., a Québec-based manufacturer of firefighter protective suits, alongside founder Louis Carpentier and existing management. The financing—supported by BDC Growth Equity Partners, Investissement Québec and BMO Capital Partners—will fund product, people and geographic expansion as INNOTEX aims to become a North American leader in emergency-services protective apparel.