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

Clearspring Capital Partners Acquires Majority Interest in Regal Confections

October 30, 2020

Food & Beverage

Clearspring Capital Partners (Fund III) acquired a majority interest in Regal Confections, a Laval, Quebec-based confectionery distributor and manufacturer. Clearspring will support Regal's growth strategy with capital and operational support while existing shareholders (including Walter Mueller) remain with the company.

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.

KENT Corporation (via KENT Precision Foods Group) Acquires Frosty Boy Global

December 8, 2023

Food & Beverage

KENT Corporation, through its subsidiary KENT Precision Foods Group, has acquired Frosty Boy Global, a Gold Coast (Yatala), Australia-based manufacturer of dessert, beverage and savory powder products. The deal expands KENT’s global footprint and manufacturing capabilities (including operations in Australia and India) and extends its sales presence across multiple international markets. Financial terms were not disclosed.

Unilever Acquires Yasso Holdings, Inc.

June 14, 2023

Food & Beverage

Unilever has agreed to acquire Yasso Holdings, Inc., a U.S. premium frozen Greek yogurt brand, to bolster the premiumisation of its Ice Cream Business Group in North America. The acquisition, announced from Unilever's Englewood Cliffs office, will add Yasso's better‑for‑you frozen dessert portfolio (sold in grocery and club stores nationwide) to Unilever's ice cream brands and is expected to close in Q3 2023 subject to approvals.

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.