Benford Capital Partners Recapitalizes Gum Products International

August 16, 2022

Chicago-based private equity firm Benford Capital Partners recapitalized Gum Products International (GPI), a Newmarket, Ontario-based food ingredients manufacturer, as the first platform investment from its Fund II. BCP will partner with founder and CEO Kenneth Tan to invest in sales, R&D and pursue add-on acquisitions focused on hydrocolloids, antimicrobials and other functional powdered ingredients to drive organic growth.

Buyers
Benford Capital Partners
Targets
Gum Products International, Inc.
Industry
Food & Beverage
Location
Ontario, Canada
Transaction Type
Recapitalization

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