Fengate Private Equity Invests in Sweets from the Earth

September 17, 2025

Fengate Private Equity, on behalf of the LiUNA Pension Fund of Central and Eastern Canada, has made a minority-growth investment in Sweets from the Earth, a Toronto-based maker of 100% plant-based, allergy-friendly baked goods. Founders Ilana and Marc Kadonoff retain a significant minority stake and will continue to lead the company as Fengate provides capital and resources to accelerate expansion across Canada and into the U.S.; financial terms were not disclosed.

Buyers
Fengate Private Equity (Fengate Asset Management), LiUNA Pension Fund of Central and Eastern Canada
Targets
Sweets from the Earth
Industry
Food & Beverage
Location
Ontario, Canada
Transaction Type
Growth capital

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