Heartwood Partners Invests in Somafina

Somafina Acquires UST Corporation

February 6, 2024

Manufacturing

Somafina, a portfolio company of Heartwood Partners, has acquired UST Corporation, a contract manufacturer of vitamins, minerals, and supplements based in Layton, Utah. The add-on expands Somafina's manufacturing capabilities across capsule, gummy, powder, and liquid formats and adds ISO-certified in-house testing and formulation expertise to support supplement brand customers.

Summa Equity Acquires Majority Stake in Nutris

September 3, 2024

Food & Beverage

Impact investor Summa Equity has acquired a majority stake in Nutris, a Croatian plant-based protein ingredients manufacturer founded in 2019. The investment will support scaling Nutris’s manufacturing capacity and R&D to expand production of fava-bean protein isolates and other plant-based ingredients for food, sports nutrition and dairy/meat alternative markets.

Heartwood Partners Invests in Royal Products

April 12, 2024

Manufacturing

Heartwood Partners made a growth investment in Royal Products, a Hauppauge, New York-based manufacturer and distributor of metalworking performance accessories, on April 12, 2024. Management will remain in place while Heartwood plans to support the company’s expansion through investments in people, processes and strategic add-on acquisitions; Lincoln International and Carl Marks Advisors served as financial advisors.

Heartwood Partners Acquires Majority Stake in Patten Seed Company (Super-Sod)

September 18, 2020

Agriculture

Heartwood Partners (Heartwood Partners III, LP) completed an investment in Patten Seed Company (doing business as Super-Sod) on September 18, 2020, providing capital to support the company's next phase of growth. The Patten family and senior management retained a meaningful equity stake; Heartwood intends to support organic growth, technology adoption, and acquisition-driven geographic expansion across the Southeastern U.S.

Highlander Partners Acquires Majority Stake in SanoVita

February 19, 2020

Food & Beverage

Highlander Partners, a Dallas-based middle-market private equity firm, has acquired a majority stake in SanoVita, a Romanian plant-based food brand headquartered in Râmnicu Vâlcea. Highlander plans to accelerate SanoVita's growth through new product innovation, enhanced production capabilities and strategic M&A while the founders will remain partners in the business.

Heartwood Partners Acquires NativeSeed Group

March 27, 2023

Agriculture

Heartwood Partners LLC has acquired NativeSeed Group, a vertically integrated provider of native seeds and erosion control products headquartered in Carpinteria, California, from founder Victor Schaff. Heartwood said it will partner with the existing management team to expand the business organically and via strategic add-on acquisitions to grow geography and customer types.