NexPhase Capital Invests in Popcornopolis

Nexus Capital Management Acquires CK Snacks (Cheeze Kurls)

June 17, 2024

Food & Beverage

Los Angeles-based Nexus Capital Management acquired Cheeze Kurls, LLC (CK Snacks), a Grand Rapids-based private-label snack food manufacturer, from Kilroy Partners. Nexus will partner with CEO Jamie Colbourne and management to support the company's next phase of growth in retail, grocery and drugstore channels.

AUA Private Equity Partners Acquires Weaver Popcorn Manufacturing (Weaver Holdings, LLC)

January 4, 2024

Food & Beverage

AUA Private Equity Partners has acquired Weaver Holdings, LLC (Weaver Popcorn Manufacturing), a fourth-generation, family-owned manufacturer of popcorn and snacking products headquartered in Van Buren, Indiana. AUA plans to professionalize operations, invest in capability expansion and product innovation while retaining the company’s entrepreneurial culture; financial terms were not disclosed.

NexPhase Capital Partners With Metz Culinary Management

February 16, 2022

Restaurants & Hospitality

NexPhase Capital has partnered with Metz Culinary Management, a family‑driven outsourced food service and environmental services provider based in Dallas, Pennsylvania. Terms were not disclosed; NexPhase said it will support Metz’s growth across hospital, senior care, education and other institutional channels, including expansion of meal delivery to seniors at home.

Barcel USA (Grupo Bimbo) Acquires Popcornopolis from NexPhase Capital

October 29, 2021

Food & Beverage

Barcel USA, the U.S. snack division of Grupo Bimbo, has acquired Popcornopolis LLC from private equity firm NexPhase Capital. Terms were not disclosed; Popcornopolis — a gourmet, ready-to-eat popcorn manufacturer and DTC brand — will join Barcel USA's snack portfolio following NexPhase's 2019 investment and recent retail and e-commerce growth.

Champlain Financial Corporation Acquires Bad Monkey Popcorn

November 12, 2020

Food & Beverage

An investor group led by Champlain Financial Corporation has acquired Bad Monkey Inc. (Bad Monkey Popcorn), a Montreal-based manufacturer and marketer of ready-to-eat and microwavable popcorn. The investment will support product development and expand the company’s distribution across Canada and into the United States; founders Joseph and Fabio Zeppilli will remain co-CEOs.

Kilroy Partners Acquires Cheeze Kurls with Financing from Source Capital

July 1, 2020

Food & Beverage

Kilroy Partners has acquired Cheeze Kurls, a Grand Rapids-based private label snack food manufacturer known for popcorn, cheese puffs and other salty snacks. Source Capital provided debt financing and an equity co-investment from its third credit fund to support the transaction and back Kilroy Partners as the company pursues operational improvements and growth.