Tenex Capital Management Acquires JTM Foods (JJ's Bakery)

JTM Foods Acquires Cookies-n-Milk (CnM)

February 2, 2023

Food & Beverage

JTM Foods, LLC (dba JJ’s Bakery) has acquired Cookies-n-Milk (CnM), a family‑owned producer of edible cookie dough bites, individually wrapped cookies and brownies, donut holes and ready‑to‑bake frozen cookie doughs. Cookies‑n‑Milk operates a production facility in McKinney, Texas, and JTM said the acquisition strengthens its sweet goods portfolio and will leverage JTM's operations and sales capabilities to expand the edible cookie dough category nationally.

JTM Foods Acquires Big Texas and Cloverhill Brands and Chicago Plant from The J.M. Smucker Co.

March 5, 2025

Food & Beverage

JTM Foods, LLC has finalized the acquisition of the Big Texas and Cloverhill brands, select private-label products and a Chicago manufacturing plant from The J.M. Smucker Co. The deal, announced earlier in February, is valued at approximately $40 million and includes a Chicago facility that employs about 400; Smucker called the sale part of its portfolio optimization to prioritize the Hostess brand.

Janney Montgomery Scott Acquires TM Capital

November 8, 2023

Financial Services

Janney Montgomery Scott LLC has agreed to acquire TM Capital, a middle-market investment bank with offices in Atlanta, Boston, and New York City. The deal expands Janney's Capital Markets Group by adding M&A advisory expertise across business services, industrials, healthcare, and consumer sectors; the acquisition is expected to close by year-end subject to regulatory approval.

CenterGate Capital Acquires Teeny Foods with Support from Patriot Capital

September 8, 2021

Food & Beverage

Austin-based private equity firm CenterGate Capital has acquired Teeny Foods, a Portland, Oregon-based developer and contract manufacturer of frozen filled baked snacks and handheld meals. Patriot Capital provided subordinated debt and an equity co-investment to support the transaction; Teeny’s management and founder family will remain involved as CenterGate partners with the business to pursue growth.

Nexus Capital Management Acquires Natural Balance Premium Pet Food Business from The J.M. Smucker Co.

December 4, 2020

Food & Beverage

Los Angeles-based private equity firm Nexus Capital Management signed a definitive agreement to acquire the Natural Balance premium pet food business from The J.M. Smucker Co. Nexus said it will operate Natural Balance as an independent company under new CEO Brian Connolly and pursue brand reinvigoration and growth through pet specialty and e-commerce channels.

Texan Insurance Acquires J&M Insurance

January 16, 2025

Insurance

Texan Insurance, a family-owned full-service insurance agency based in Houston, has acquired Austin-based J&M Insurance, a provider of personal and commercial insurance founded in 2005. The deal will keep the J&M team in place and expand Texan Insurance's service offerings and market presence across Texas.