Nexus Capital Management Acquires CK Snacks (Cheeze Kurls)

CK Snacks (Cheeze Kurls) Acquires Keystone Food Products

March 25, 2026

Consumer Products

CK Snacks (Cheeze Kurls, LLC) acquired Keystone Food Products, Inc., a snack food manufacturer and co-packer based in Easton, Pennsylvania. The deal expands CK Snacks’ manufacturing footprint and capabilities—adding a state-of-the-art Eastern Pennsylvania facility focused on masa and cooked corn tortilla chips, extruded snacks, party mixes, pellets, and natural/organic snack lines.

CK Snacks (Cheeze Kurls) Acquires Axium Foods

September 26, 2024

Food & Beverage

Cheeze Kurls LLC dba CK Snacks, a portfolio company of Nexus Capital Management, has acquired Axium Foods, a private-label snack food manufacturer based in South Beloit, Illinois. The add-on acquisition expands CK Snacks' product portfolio and manufacturing capacity—bringing Axium's tortilla, corn chip and extruded snack capabilities into the CK Snacks platform while both companies continue to operate from their existing locations.

Nexus Capital Acquires Smucker's Natural Beverage and Grains Businesses (R.W. Knudsen, TruRoots)

January 31, 2022

Food & Beverage

The J.M. Smucker Co. completed the sale of its natural and organic beverage and grains businesses — including the R.W. Knudsen and TruRoots assets and trademarks plus a licensing agreement for Santa Cruz Organic beverages — to Nexus Capital Management LP for $110 million in cash (subject to working capital adjustments). The transaction includes manufacturing and distribution facilities in Chico, California and Havre de Grace, Maryland, and Nexus plans to operate the acquired brands as an independent consumer platform led by Bobby Chacko as chairman and CEO.

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.

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.

NexPhase Capital Invests in Popcornopolis

November 13, 2019

Food & Beverage

NexPhase Capital has announced an investment in Popcornopolis, a Vernon, California-based manufacturer of premium ready-to-eat popcorn. Terms were not disclosed; NexPhase partners with the founders and will place Jamie Kaufman on the board while Doug Corbett will serve as Executive Chairman to help scale the CPG brand and expand distribution.