Sunny Sky Products (TJC) Acquires GoodWest Industries from Palladium Equity Partners

The Jordan Company (Resolute V) Acquires Sunny Sky Products; Seidler Exits

September 22, 2021

Food & Beverage

An affiliate of The Jordan Company’s Resolute Fund V has completed a majority investment in Sunny Sky Products, providing an exit for minority investor Seidler Equity Partners. Founder and CEO Ashley Edens remains in place and TJC’s capital will support Sunny Sky’s organic growth and strategic M&A activity.

Sunny Sky Products Acquires Bevolution Group from Highlander Partners

November 6, 2023

Food & Beverage

Sunny Sky Products, a portfolio company of TJC, has completed the acquisition of LX/JT Holdings Inc and subsidiaries (doing business as Bevolution Group) from Highlander Partners. The transaction adds Bevolution’s clean-label smoothie bases, cocktail mixes and concentrates and its three U.S. manufacturing sites to Sunny Sky’s beverage platform, expanding product offerings and manufacturing capabilities for the foodservice and convenience-store channels.

Bluejay Capital Partners Acquires Pacific West

December 22, 2021

Transportation

Bluejay Capital Partners has completed the acquisition of Pacific West, LLC, a Salt Lake City–based niche rail and industrial services firm. The transaction was financed with unitranche debt and an equity co-investment from Southfield Mezzanine; terms were not disclosed and Pacific West COO Dustin Hall retains a meaningful ownership stake. Bluejay intends to expand Pacific West's service offerings and geographic reach across the western United States.

PDC Energy Acquires Great Western Petroleum, LLC

May 6, 2022

Energy

PDC Energy, Inc. completed the acquisition of privately held Great Western Petroleum, LLC, a Denver-based oil and gas producer. The deal included $543 million in cash consideration (less $50 million previously escrowed), approximately 4 million shares of PDC common stock, and PDC paid off Great Western’s secured credit facility and senior secured notes; PDC said the acquisition is accretive to its operating, ESG and financial metrics.

Sole Source Capital Acquires Westwood Laboratories

October 17, 2022

Manufacturing

Sole Source Capital LLC, an industrial-focused private equity firm, has acquired Westwood Laboratories, a full-service contract manufacturer headquartered in Azusa, California that serves beauty, personal care, pet and over-the-counter drug brands. Five Points Capital provided unitranche debt and an equity co-invest to support the acquisition; terms were not disclosed.

VCM Products Acquires Vic West Brands (Grandpa Gus's)

May 3, 2022

Consumer Products

VCM Products, the owner of BuggyBeds and EcoBuggy and a portfolio company of Rock Mountain Capital, has acquired Vic West Brands, creator of the Grandpa Gus's natural pest control line. Vic West Brands founder Nick Olynyk will remain with the business to lead e-commerce and growth efforts; financing for the acquisition was provided by Plexus Capital. Financial terms were not disclosed.