Reddy Family and Bain Capital Back Formation of Trillium Foods

Avista Healthcare Partners Acquires Trillium Health Care Products

August 7, 2024

Pharmaceuticals

Avista Healthcare Partners has completed the acquisition of Trillium Health Care Products, a Brockville, Ontario-based CDMO specializing in branded over‑the‑counter (OTC) products, from New Water Capital. Avista plans to invest in Trillium’s growth, expand its footprint and capabilities, and use the business as a consumer‑healthcare platform for potential strategic add‑on acquisitions.

Mubadala Capital Acquires TruFood Manufacturing from AUA Private Equity

October 18, 2022

Consumer Products

Mubadala Capital, in partnership with TruFood management, has acquired AOG, LLC d/b/a TruFood Manufacturing from funds affiliated with AUA Private Equity Partners. TruFood, headquartered in Pittsburgh, Pennsylvania, is a contract manufacturer of nutrition and snack products; the acquisition is intended to accelerate growth, expand market reach, and advance product development while TruFood remains a stand-alone business.

Trinity Investors Recapitalizes Devansoy Inc.

September 14, 2022

Food & Beverage

Trinity Investors, a private equity firm based in Southlake, Texas, invested $27.0 million in Devansoy to recapitalize and fund the company's growth. Devansoy, based in Rock City, Illinois, is a third-party manufacturer of oat, soy, and pea protein bases for dairy-alternative products and will use the capital to expand capacity and capture rising demand for plant-based ingredients.

J.F. Lehman & Company Makes Growth Investment in Trillium Engineering

March 31, 2021

Aerospace & Defense

J.F. Lehman & Company’s investment affiliate has made a substantial growth investment in Trillium Engineering, a Hood River, Oregon-based designer and manufacturer of camera gimbals for unmanned aerial systems. Trillium’s founders and employees remain material shareholders and will continue to lead the company as JFLCO supports the firm’s technical and commercial expansion into defense and international UAS markets.

Trive Capital Invests in NutriFresh Services

March 10, 2021

Logistics & Distribution

Dallas-based private equity firm Trive Capital has provided a structured capital investment in NutriFresh Services, a cold-chain logistics and fulfillment provider headquartered in Edison, New Jersey. The financing will support management and existing shareholders as NutriFresh pursues national expansion, technology development and both organic and inorganic growth.

Benford Capital Recapitalizes Brothers International Food Corporation

December 31, 2020

Food & Beverage

Chicago-based private equity firm Benford Capital Partners completed a recapitalization of Brothers International Food Corporation, partnering with founder and CEO Travis Betters who will remain in place. The capital will be used to invest in sales, marketing, R&D and new product development across Brothers' ingredients and Brothers All-Natural divisions, and to pursue add-on acquisitions in the healthy snacks and food ingredients space.