Vestar Capital and Windhover Capital Recapitalize Titan Frozen Fruit

Vestar Capital Launches $1.2B Continuation Vehicle for Circana (Blackstone, HarbourVest lead)

April 25, 2024

Data & Analytics

Vestar Capital Partners closed a $1.2 billion single-asset continuation vehicle to provide liquidity and committed capital for its stake in Circana. Blackstone Strategic Partners and HarbourVest Partners acted as lead investors in the vehicle, which is intended to offer existing investors optional liquidity while supporting Circana's organic and inorganic growth initiatives.

Tilia Holdings Recapitalizes Ever Fresh Fruit Company

December 21, 2023

Food & Beverage

Chicago-based private investment firm Tilia Holdings completed a majority recapitalization of Ever Fresh Fruit Company, a Pacific Northwest-based processor and developer of formulated fruit and flavor ingredient solutions. The McKnight family remains significant shareholders and Ever Fresh CEO Gene Mayer will continue to lead the business as Tilia supports growth, geographic expansion, and broadened ingredient applications.

WindRose Health Investors Recapitalizes Veristat Group Inc.

April 7, 2021

Healthcare Services

WindRose Health Investors completed an equity recapitalization of Veristat Group Inc., a global clinical research organization, with Veristat management retaining a significant minority stake. The investment will provide capital and strategic resources to support Veristat's growth and expansion across clinical development, regulatory affairs, biostatistics, data management and pharmacovigilance; terms were not disclosed.

Vestar Capital Partners Makes Majority Growth Investment in Dr. Praeger's Sensible Foods

January 21, 2021

Food & Beverage

Vestar Capital Partners has made a majority growth investment in Dr. Praeger's Sensible Foods, a family-founded maker of plant-based frozen and refrigerated foods. The Praeger and Somberg families will remain significant investors and the deal will support product innovation, distribution expansion and continued brand growth; terms were not disclosed.

Vestar Capital Partners Makes Minority Investment in Simple Mills

October 7, 2019

Food & Beverage

Vestar Capital Partners has agreed to make a minority growth investment in Simple Mills to support the natural-foods company's new product development, brand-building and distribution expansion. Terms were not disclosed; the deal is expected to close in October 2019 and Simple Mills will continue to operate as an independent company under founder and CEO Katlin Smith.

Vestar Capital Partners Makes Investment in Tech24 with HCI Equity Partners and Management

October 5, 2023

HVAC & Mechanical

Vestar Capital Partners has joined Tech24 as a new investor alongside existing shareholder HCI Equity Partners and the company's management team in a sponsor recapitalization. The investment will fund Tech24's continued organic and acquisitive growth across new and existing geographies and end markets; Tech24 is a Greenville, South Carolina-headquartered leader in commercial foodservice equipment repair and preventive maintenance.