Nova Vida GP Inc. Acquires TI Foods (Thai Indochine Trading Inc)

Citation Capital Acquires Majority Stake in Cibo Vita

October 11, 2023

Food & Beverage

Citation Capital, a Dallas-based private equity firm, will acquire a majority interest in Cibo Vita, a Totowa, New Jersey-based better-for-you snack manufacturer. The founders, Emre Imamoglu and Ahmet Celik, will remain significant shareholders as Citation partners with management to accelerate growth and innovation; financial financing is being led by Wells Fargo, Bank of America and American Ag Credit.

Morinaga Nutritional Foods Acquires Turtle Island Foods (Tofurky & Moocho)

February 10, 2023

Food & Beverage

Morinaga Nutritional Foods, a U.S. subsidiary of Morinaga Milk Group, acquired Turtle Island Foods Holdings, Inc. — the owner of the Tofurky and Moocho brands — making Turtle Island a wholly owned subsidiary. The acquisition aims to expand Morinaga's plant-based foods (PBF) business in North America, strengthen the integrated supply chain and manufacturing capabilities, and grow the Tofurky and Moocho brands across retail and foodservice channels.

Mérieux NutriSciences Acquires Food Technology Consulting International

December 22, 2022

Professional Services

Mérieux NutriSciences has acquired Food Technology Consulting International, a Canadian provider of food safety consulting, training, and auditing services. The acquisition expands Mérieux NutriSciences' service capabilities and strengthens its footprint in Canada to better serve regional clients.

TPG Completes Majority Investment in iNova Pharmaceuticals

October 31, 2022

Pharmaceuticals

TPG (through its Asia platform) completed a majority investment in iNova Pharmaceuticals, a multinational consumer health and pharmaceutical company, with existing investor Pacific Equity Partners re-investing as a minority co-investor. The deal will support iNova's regional expansion and growth strategy across Southeast and North Asia, and fund channel expansion, product-in-fill and technology investments.

Tilia Holdings Acquires NutriScience Innovations

May 4, 2021

Food & Beverage

Chicago-based private equity firm Tilia Holdings completed the acquisition of NutriScience Innovations, a Milford, Connecticut developer and supplier of branded nutritional and specialty ingredients. The sellers on the transaction included Akoya Capital, Lakeview Equity Partners and Greyrock Capital Group; NutriScience's CEO Alan Yengoyan will remain in his role to support the company's next phase of growth.

Keystone Natural Holdings Acquires J.P. Veggies (VeggieLand) and Superior Tofu

January 29, 2018

Food & Beverage

Keystone Natural Holdings LLC, a portfolio company of Keystone Capital Inc., completed acquisitions of J.P. Veggies Inc. (Veggieland) and Superior Tofu Ltd., adding the two plant‑based protein manufacturers to its KNH platform alongside Nature Soy. The deals expand KNH’s product portfolio, channel reach into retail, foodservice and private label, and strengthen product innovation capabilities across the platform.