TriSpan Closes Kline Hill-Led Single-Asset Continuation Vehicle for Maman (Sugar Beets Inc.)
May 8, 2026
TriSpan closed a single-asset continuation vehicle (CV) for Sugar Beets Inc., the company behind the 56-unit Maman café-bakery and lifestyle brand. The CV was led by Kline Hill Partners with participation from Norwest and a large Ivy League endowment, while TriSpan and its affiliates reinvested to support Maman’s next phase of national and international expansion.
- Buyers
- TriSpan (USA) LLC, Kline Hill Partners LP, Norwest, Large Ivy League endowment (unspecified)
- Targets
- Sugar Beets Inc. (Maman)
- Industry
- Professional Services
- Location
- New York, United States
- Transaction Type
- Recapitalization
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