Palladium-backed Quirch Foods Acquires Butts Foods

Quirch Foods Completes Merger with Colorado Boxed Beef

October 28, 2020

Food & Beverage

Quirch Foods, backed by affiliates of Palladium Equity Partners, has completed a merger with Colorado Boxed Beef (CBBC), creating a leading U.S. distributor and exporter of protein and ethnic food products. The combined company now operates more than 20 distribution centers, has approximately 1,700 employees and over $3 billion in annual sales; Altamont Capital Partners (CBBC's prior sponsor) will retain an equity stake.

Quadrant Private Equity Takes Growth Stake in Birch & Waite

May 6, 2024

Food & Beverage

Quadrant Private Equity has agreed to make a growth equity investment in Sydney-based Birch & Waite, a 30-year-old commercial food manufacturer known for sauces, dressings and condiments that supplies customers including Guzman y Gomez and HelloFresh. The deal, sourced from Quadrant's seventh buyout fund, values the business at just above AUD 300 million and involves a transaction with Fortitude (the vendor).

Pritzker Private Capital Acquires Sugar Foods Corporation

October 3, 2023

Food & Beverage

Pritzker Private Capital has acquired Sugar Foods Corporation, a Westlake Village, California-based food manufacturer known for crunchy toppings, croutons, pizza toppings and beverage ingredients. PPC will partner with Sugar Foods' existing management to support product innovation, customer expansion and strategic add-on acquisitions while providing capital and industry expertise to accelerate growth.

Brook + Whittle Acquires PouchIt

February 26, 2024

Packaging

Brook + Whittle, a Guilford, Connecticut-based packaging manufacturer, has acquired PouchIt, a flexible packaging manufacturer headquartered in Atlanta, Georgia. The deal expands Brook + Whittle's flexible packaging and printing/converting capabilities and strengthens its footprint in the Southeastern United States.

Quest Products Acquires Beyond Health (Doctor Butler's)

March 10, 2025

Consumer Products

Promus Equity-backed Quest Products, LLC has acquired Beyond Health, P.A., the owner of the Doctor Butler's hemorrhoid and self-care product line. The add-on bolsters Quest’s Digestive Health platform and expands its OTC consumer healthcare portfolio; financial terms were not disclosed.

Harwood Private Equity Acquires Crest Foods

February 20, 2024

Food & Beverage

Harwood Private Equity has acquired Crest Foods, a US-based provider of dairy stabilizers, contract packaging, and private-label dry food manufacturing. Terms were not disclosed; Brown Gibbons Lang & Company served as financial advisor and facilitated a sale-leaseback of Crest's 575,000-square-foot Ashton, Illinois facility via TPG Angelo Gordon's Net Lease business. Harwood said the acquisition will support Crest Foods’ next phase of growth.