Harwood Private Equity Acquires Crest Foods

Hoffmann Family of Companies Acquires Cedar Crest Ice Cream

June 15, 2026

Food & Beverage

Hoffmann Family of Companies (HF Companies), a family-owned private equity firm, acquired Cedar Crest Ice Cream, a multi-generational frozen dessert business headquartered in Cedarburg, Wisconsin. As part of the deal, Renato DePaolis, CEO of Oberweis Dairy (an HF Companies portfolio company), will assume leadership of Cedar Crest, with both brands continuing to operate separately.

Sugar Foods Acquires Concord Foods

March 7, 2024

Food & Beverage

Sugar Foods, a Pritzker Private Capital–backed food company, has acquired Concord Foods, adding Concord’s brands and a 255,000 sq. ft. Brockton, Massachusetts facility to Sugar Foods’ North American footprint. Terms were not disclosed; Concord was previously owned by Arbor Investments, its founders and management. The deal is intended to expand Sugar Foods’ capabilities, capacity and product offerings across retail and foodservice channels.

Pritzker Private Capital Acquires Sugar Foods Corporation

October 3, 2023

Food & Beverage

Pritzker Private Capital has acquired Sugar Foods Corporation, a Westlake Village, California-based food manufacturer known for crunchy toppings, croutons, pizza toppings and beverage ingredients. PPC will partner with Sugar Foods' existing management to support product innovation, customer expansion and strategic add-on acquisitions while providing capital and industry expertise to accelerate growth.

Assisi Pet Care (Harwood PE) Acquires Maced — Crescent Provides Financing

February 14, 2022

Food & Beverage

Assisi Pet Care, the Harwood Private Equity-backed pet food platform, has acquired Poland-based Maced, a leading European manufacturer of natural dog treats. Crescent Capital Group’s European Specialty Lending strategy provided financing to support Harwood’s refinancing of Assisi and fund the acquisition, enabling Assisi to gain manufacturing control and expand its geographic coverage across major European pet-food markets.

Benson Hill Acquires ZFS Creston

January 4, 2022

Food & Beverage

Benson Hill, Inc. acquired ZFS Creston, LLC, a food‑grade soy white flake and soy flour manufacturing operation in Creston, Iowa, for approximately $102 million, primarily financed by a $100 million committed debt facility led by Avenue Capital Group. The acquisition gives Benson Hill immediate processing capacity to commercialize its high‑protein soybean varieties and expand its portfolio of non‑GMO, traceable soy protein ingredients for human and pet food markets.

Executive Team of Cedar's Foods Acquires brekki

February 20, 2020

Food & Beverage

brekki, a Carlsbad, California-based maker of dairy-free ready-to-eat overnight oats, has been acquired by the executive team of Cedar's Foods. brekki will operate as a separate venture while manufacturing and co-packing move to Cedar's Foods' Haverhill, Massachusetts facilities; founder Greg Peyser will remain on as Director of Sales.