Italgel S.p.A. (BU portfolio company) Acquires Protein S.A.

Gum Products International (Benford Capital) Acquires International Protein Colloids

November 29, 2023

Food & Beverage

Benford Capital Partners’ portfolio company Gum Products International has completed an add-on acquisition of International Protein Colloids, a Venus, Texas-based manufacturer of proprietary gelatin and protein blends for pet treat and pet food customers. The deal will expand GPI’s product portfolio and presence in the pet end market; IPC will continue operating from its current location under President David Walsh.

Azelis Acquires Solchem Nature S.L. to Strengthen Nutraceutical Offering in Spain

April 7, 2025

Food & Beverage

Azelis has acquired 100% of Solchem Nature S.L., a Barcelona-based distributor of raw materials and premium ingredients for the nutraceutical and dietary supplements market. The deal expands Azelis's presence in Spain and adds Solchem's ~14-person team and network of over 250 customers to Azelis's EMEA nutraceutical platform.

HPH II / WM Partners to Acquire Great Lakes Gelatin Company

August 5, 2020

Food & Beverage

HPH II Investments Master Fund, LP (HPH II), via a vehicle affiliated with WM Partners, entered into a definitive agreement to acquire Great Lakes Gelatin Company, a collagen and gelatin products company based in Grayslake, Illinois. The acquisition is positioned as part of a buy-and-build strategy to establish a platform in the functional foods/health & wellness subsector and to expand Great Lakes' reach across e-commerce, mass and wholesale channels.

Collagen Matrix Acquires Polyganics

October 5, 2022

Medical Devices

Collagen Matrix, a Linden Capital Partners portfolio company, has acquired Polyganics B.V., a Netherlands-based developer and manufacturer of bioresorbable medical devices. The add-on acquisition expands Collagen Matrix's regenerative medicine and polymer capabilities, entering new clinical verticals such as ENT and general surgery and broadening its neurosurgery and peripheral nerve offerings.

Nestlé Health Science Acquires Majority Stake in Vital Proteins

June 10, 2020

Food & Beverage

Nestlé Health Science (NHSc), a subsidiary of Nestlé, agreed to acquire a majority stake in Vital Proteins, the US market leader in collagen-based supplements, beverages and food products. Vital Proteins will continue to operate as a standalone business under CEO Kurt Seidensticker, with the deal intended to accelerate global expansion and product innovation.

Ergon-backed Dolciaria Acquaviva Acquires Dolce Milano S.r.l. and Unigel S.r.l.

March 25, 2021

Food & Beverage

Ergon Capital Partners–backed Dolciaria Acquaviva has completed the acquisitions of Dolce Milano S.r.l. (a Lombardy-focused frozen bakery distributor with a small frozen-dessert production line) and Unigel S.r.l. (a specialty frozen bread producer best known for the Schiocco product). The add-ons strengthen Dolciaria's presence in Northern Italy — particularly Lombardy — expand its SKU range into frozen desserts and specialty breads, increase exposure to modern trade and HoReCa channels, and create commercial and production synergies.