Valesco Industries Leads Majority Buyout of Adams Flavors, Foods & Ingredients

Adams Flavors Acquires Goodman's Vanilla

September 29, 2024

Food & Beverage

Adams Flavors, Foods & Ingredients, a portfolio company backed by Midwest Growth Partners and partners, completed the acquisition of Goodman's Vanilla (Goodman's Flavorings) on September 29–30, 2024. Goodman's, a Marshfield, Missouri manufacturer of vanillas, flavor extracts and colors, is Adams' first add-on and will support regional expansion of Adams' branded products and the addition of spice offerings under the Goodman's banner.

Valesco Industries Acquires AAA Distributor, Inc.

June 17, 2021

Building Products

Valesco Industries completed a majority buyout and control recapitalization of AAA Distributor, Inc., a Philadelphia-based distributor, wholesaler and retailer of kitchen, bath and flooring products. Brookside Capital Partners and AAA management co-invested (Brookside providing subordinated debt and equity) to support AAA's growth in Philadelphia and expansion into new U.S. markets.

Valante Capital Acquires Strategic Stake in American Foods

November 27, 2024

Food & Beverage

Valante Capital, the private equity arm of IDC Network, has acquired a significant stake in American Foods, a U.S.-based distributor of consumer goods to Latin America and the Caribbean. The investment will support American Foods’ regional expansion across the U.S., Latin America and the Caribbean and create commercial synergies with Valante’s portfolio company Vitali Alimentos.

Brookside Flavors & Ingredients Acquires Flavor Advantage

August 1, 2022

Food & Beverage

Brookside Flavors & Ingredients LLC (BFI) has acquired the assets of Flavor Advantage, LLC, a Naples, Florida-based flavor house. Founder Tom Motz will remain with the business, and BFI said the acquisition will expand its sweet-flavor capabilities and customer relationships to accelerate growth using BFI's resources.

Brookside Flavors & Ingredients Acquires Sterling Food Flavorings, LLC

January 25, 2024

Food & Beverage

Brookside Flavors & Ingredients LLC (BFI) has acquired the assets of Sterling Food Flavorings, LLC of Dayton, New Jersey. The sellers, Vitas Roman and Rick Englesbe, will remain with the business as part of BFI; the acquisition expands BFI's product portfolio and capabilities to better serve existing and Sterling customers.

Valesco‑Led Recapitalization of TopDown, Inc.

March 7, 2022

Automotive

Valesco Industries led a majority recapitalization of TopDown, Inc., partnering with co-investors Tecum Capital, Brookside Capital Partners, Patriot Capital, a Valesco limited partner and members of TopDown management. River Associates Investments sold its stake; financial terms were not disclosed. The capital aims to accelerate TopDown's digital/ecommerce strategy, expand product lines and fund strategic add-on acquisitions to grow the automotive aftermarket platform.