Grant Avenue Capital Recapitalizes CREO, Inc.

Grant Avenue Capital Acquires 21st Century Healthcare

January 21, 2026

Food & Beverage

Grant Avenue Capital has acquired 21st Century Healthcare, a Tempe, Arizona-based manufacturer of vitamins, minerals and supplements for humans and pets. Grant Avenue will partner with CEO Kirk Neal and the existing management team to expand 21st Century's product portfolio, scale manufacturing and broaden retail and e-commerce distribution.

CREO Capital Partners Acquires Bova Fresh

August 6, 2025

Food & Beverage

Miami-based private equity firm CREO Capital Partners has acquired Bova Fresh, a Boca Raton-based food procurement and distribution company that serves retail and foodservice customers across the U.S. Founders Bob Wilhelm and Steve San Filippo retain a minority stake and will continue to run the business; CREO plans to integrate Bova Fresh with other portfolio assets to expand sourcing, distribution and Latin America-focused procurement capabilities.

CREO Group (Mill Point) Acquires United Solutions

September 20, 2024

Manufacturing

CREO Group, a Mill Point Capital portfolio company, has acquired United Solutions, a Massachusetts-based designer and manufacturer of household plastic products. The add-on expands CREO Group’s product portfolio beyond horticulture into home goods, with United Solutions CEO Dave Reilly named CEO of the combined CREO Group to support growth, R&D and distribution scale.

Water Street Healthcare Partners Backs Renovo Solutions with Growth Investment

January 11, 2022

Healthcare Services

Renovo Solutions received a growth investment from Water Street Healthcare Partners to accelerate expansion of its healthcare and life sciences equipment management services. The investment will fund enhancements to Renovo's proprietary equipment-management system, geographic expansion beyond its current 37+ states, and the recruitment of Bill Newell as CEO to lead growth.

Flagship Food Group (CREO) Acquires Majority Stake in La Tortilla Factory

January 28, 2021

Food & Beverage

Flagship Food Group, a CREO Capital Partners-backed food platform, has invested in La Tortilla Factory and become the company's majority stakeholder while members of the Tamayo family remain partners. The transaction, which closed January 27, 2021, will support La Tortilla Factory's growth strategy as the brand expands its premium, better-for-you tortilla and Mexican foods offerings; terms were not disclosed.

Mansa Capital and Accreon Management Complete MBO of Accreon, Inc.

April 7, 2015

Healthcare Services

Boston-based private equity firm Mansa Capital led a management buyout of healthcare technology and business services provider Accreon, Inc., with three senior Accreon executives (Eric Demers, Martin Ferguson and Michael Lavigne) participating alongside Mansa. The transaction — advised on the sell-side by 7 Mile Advisors — is intended to support Accreon's U.S. growth and advance a planned leadership succession while expanding activity in Atlantic Canada.