Levine Leichtman Capital Partners Acquires Kilwins
March 13, 2023
Levine Leichtman Capital Partners (LLCP) has acquired Kilwin's Quality Confections, Inc. and Kilwins Chocolates Franchise, Inc. (together, Kilwins), a franchisor, retailer, manufacturer and distributor of premium chocolate, ice cream and confectionary products. Founded in 1947 and headquartered in Petoskey, Michigan, Kilwins operates over 150 locations across 25 states; founders Robin and Don McCarty will retain an ownership interest and financial terms were not disclosed. LLCP said it will work with management to accelerate growth through franchise expansion, new channel opportunities and product innovation.
- Buyers
- Levine Leichtman Capital Partners
- Targets
- Kilwins Quality Confections, Inc., Kilwins Chocolates Franchise, Inc.
- Sellers
- Robin McCarty, Don McCarty
- Industry
- Food & Beverage
- Location
- Michigan, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Levine Leichtman Capital Partners Acquires Shipley Do-Nuts from Peak Rock Capital
July 30, 2025
Restaurants & Hospitality
Levine Leichtman Capital Partners (LLCP) has partnered with Shipley Do-Nuts management to acquire the Houston-based franchisor from Peak Rock Capital. Shipley, founded in 1936, operates over 375 company-owned and franchised locations across 14 states; financial terms were not disclosed and the company will continue to be led by CEO Flynn Dekker as LLCP pursues accelerated unit growth and geographic expansion.
-
Levine Leichtman Capital Partners Acquires Milton Industries
November 22, 2019
Manufacturing
Levine Leichtman Capital Partners (LLCP) partnered with Milton Industries' management to acquire Milton Industries, a Chicago-based manufacturer of pneumatic tools and accessories. Milton offers over 1,600 SKUs serving vehicle service, industrial MRO, aerospace & defense and agriculture; the deal is the sixth investment from LLCP's Lower Middle Market Fund.
-
Levine Leichtman Capital Partners and Management Acquire Tropical Smoothie Cafe
September 8, 2020
Restaurants & Hospitality
Levine Leichtman Capital Partners (LLCP) partnered with Tropical Smoothie Cafe's management team to acquire Tropical Smoothie Cafe, a leading franchisor of fast-casual cafes with over 870 units across 44 states. The company will continue to be led by CEO Charles Watson and the existing executive team as LLCP works with management to grow unit count, improve franchisee unit economics and expand system-wide sales; debt financing was provided by Golub Capital.
-
Levine Leichtman Capital Partners and Management Acquire Club Champion
February 5, 2019
Retail
Levine Leichtman Capital Partners (LLCP) partnered with Club Champion management to acquire Club Champion, a leading U.S. provider of custom golf club fitting services and retail golf equipment. Headquartered in Willowbrook, Illinois, Club Champion operated 47 stores across 25 states at the time of the transaction and will pursue continued store expansion under LLCP's ownership.
-
Amwins Acquires Kilpatrick Companies
June 3, 2024
Insurance
Amwins, through its Amwins Connect division, has acquired Kilpatrick Companies, a Houston-based general agency specializing in employee and individual benefits. The deal brings Kilpatrick into the national Amwins Connect platform to expand Amwins' Texas market presence and enhance product, service, and technology capabilities for brokers and clients.
-
Citrin Cooperman Acquires Keefe McCullough & Co., LP
February 6, 2024
Accounting & Tax
Citrin Cooperman has acquired Keefe McCullough & Co., LP (KMC), a Fort Lauderdale-based tax, attest, and business advisory firm, effective February 1, 2024. The deal brings KMC's 11 partners and more than 75 employees (and over $15M in revenue) into Citrin Cooperman as part of a strategic expansion of the firm's Florida presence.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.