Food & Beverage Acquisitions

PAK Quality Foods LLC, a portfolio company of Cross Rapids Capital, acquired substantially all assets of Vernon Transportation LP and AmTex HR Foods LLP, Inc., operating as H&R Foods. H&R Foods is an employee-owned food distributor based in Amarillo serving foodservice, retail, and institutional customers across multiple states. H&R Foods leaders John and Barry Vernon will continue to run the business under PAK Quality Foods.

Mars, Incorporated announced it has completed the acquisition of Kellanova, bringing together Mars Snacking and Kellanova’s portfolio of snack and cereal brands. The deal, originally agreed on August 14, 2024, was approved by Kellanova shareholders on November 1, 2024, and received all required regulatory approvals as of December 8, 2025.

AFM Capital Partners Inc acquired Bull's Eye Brands, Inc., which operates as Smart Mouth Pizza. Smart Mouth provides a branded food service program delivering restaurant-quality pizza to K-12 schools across the country, and the partnership aims to accelerate the company's growth and expand its offerings in the education foodservice market.

QualiTech announced the acquisition of Ellison Bakery, a manufacturer of cookies, snack bars, toppings, and inclusion ingredients. The deal is positioned as a strategic add-on to expand QualiTech’s food ingredient capabilities following MidOcean Partners’ 2023 investment in QualiTech; terms were not disclosed. Ellison Bakery was described as a portfolio company of Tilia Holdings, LLC.

Saco Foods, a portfolio company of Fengate Private Equity and Weathervane Investment Corp., acquired Quinoa Corp. and its brands Ancient Harvest and Pamela's. The brands were purchased from funds managed by Encore Consumer Capital; financial terms were not disclosed.

Tide Rock acquired Glenn Wayne Wholesale Bakery, a family-owned full-line wholesale bakery manufacturer. Glenn Wayne, founded in 1990 and based in Bohemia, New York, produces a range of high-volume baked goods and distributes nationally. Tide Rock plans to support the company’s next stage of growth, including expansion opportunities enabled by its gluten-free certification.

Conagra Brands Inc. acquired Sweetwood Smoke & Co., the maker of Fatty Smoked Meat Sticks, for undisclosed financial terms. Conagra said the deal supports its strategy to reshape its portfolio toward faster-growing snacking and frozen categories by adding a premium, better-for-you protein snack brand.

Whitsons Culinary Group, a portfolio company of GenNx360 Capital Partners, acquired Arbor Management, Inc. Arbor is a food service management company focused on K-12 school districts and higher education markets, primarily in Illinois and Wisconsin. The acquisition expands Whitsons’ footprint and service capabilities across the Midwest.

Lindsay Goldberg has entered into an agreement to acquire a controlling interest in Golden State Foods (GSF), a diversified supplier to the foodservice and retail industries. The Wetterau family will retain a significant ownership stake and continue to be involved through board representation, while GSF will remain headquartered and managed in Irvine, California following closing.

GrubMarket has completed the acquisition of Good Eggs, an Oakland, California-based online grocery service focused on sustainable, locally sourced, high-quality food. The deal is intended to expand GrubMarket’s consumer e-commerce footprint and leverage GrubMarket’s proprietary technology to improve operational efficiency and customer experience across Good Eggs’ service regions.

William H. Kopke Jr. Inc., a fresh fruit distributor, acquired the operations of R B Sandrini Cold Storage in Delano, California, and Safco of America in Visalia, California. The R B Sandrini facility will be converted into a refrigerated distribution center and rebranded as KDC West, while Safco of America will complement Kopke’s product lineup and North American reach in grapes, citrus, and cherries.

CoreFX Ingredients acquired Connoils LLC, a Wisconsin-based powder delivery systems and specialty oil distribution company; financial terms were not disclosed. Connoils will operate within CoreFX’s business unit and supports CoreFX’s broader “Health through Nutrition” platform by adding oil powder and microencapsulation capabilities.

Sunrise Produce, a wholesale produce distribution company based in Southern California, acquired specialty produce distributor Moceri Produce of San Diego. The deal expands Sunrise’s footprint and distribution capabilities in Southern California while keeping Moceri operating in San Diego. Moceri co-owners John and Dominic Moceri will continue to run San Diego operations and join Sunrise’s executive leadership team.

PANOS Brands, LLC acquired The Santa Barbara Smokehouse business, a producer of artisanally smoked salmon sold across foodservice and retail channels. The deal is PANOS Brands' second acquisition of 2024, following its January 2024 purchase of Tessemae's Salad Dressings & Condiments.

McCain Foods has acquired a majority stake in Strong Roots, a plant-based frozen food company headquartered in Dublin, Ireland. McCain previously invested $55 million for a minority stake in Strong Roots in 2021. Following the acquisition, McCain plans to expand Strong Roots into additional regions and develop more vegetable-focused frozen products.

Thrive Freeze Dry, a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital, signed a definitive agreement to acquire Paradiesfrucht GmbH, a global producer of freeze-dried fruit and related ingredients. Paradiesfrucht is part of the Jahncke group (family-owned) and operates two production facilities in Salzwedel and Immekath, Germany. Financial terms were not disclosed and the transaction is expected to close in 2024, subject to customary conditions and approvals.

Refresco has completed the acquisition of VBC Bottling Company, a family-owned contract manufacturer of premium beverages based in Modesto, California. The deal expands Refresco’s North American footprint and adds West Coast canning and warehousing capacity to better serve contract manufacturing customers.

Prime Source Foods, a center-of-the-plate foodservice distributor headquartered in Londonderry, New Hampshire, has joined Navis Food Partners, a partnership of independent foodservice distributors in the Northeast. The acquisition expands Navis Food Partners’ geographic footprint in New England and strengthens its protein-category distribution capabilities alongside existing member City Line Distributors.

Marley Spoon Group SE acquired bistroMD, LLC in a transaction that closed on February 9, 2024, with bistroMD shareholders receiving Marley Spoon shares and warrants plus potential earn-out shares. Following the acquisition, AUA Private Equity Partners, LLC (the prior owner) took a minority stake in Marley Spoon Group.

Harwood Private Equity acquired Crest Foods, a provider of dairy stabilizers, contract packaging, and branded/private-label dry food manufacturing. Brown Gibbons Lang & Company (BGL) served as exclusive financial advisor to Harwood; transaction terms were not disclosed. In conjunction with the deal, BGL facilitated a sale-leaseback of Crest’s 575,000-square-foot facility in Ashton, Illinois through TPG Angelo Gordon’s Net Lease business.

AUA Private Equity Partners, LLC acquired Weaver Holdings, LLC, the parent of Weaver Popcorn Manufacturing, a family-owned manufacturer of popcorn and snacking products. Financial terms were not disclosed, and the investment is intended to support operational expansion and increased product innovation alongside the Weaver family.

Platinum Equity signed a definitive agreement to acquire the Horizon Organic and Wallaby dairy brands from Danone. The transaction is intended to position Horizon Organic for growth as a standalone business, leveraging Platinum Equity’s carve-out and operational expertise. The deal remains subject to customary closing conditions and regulatory approval.

Thrive Foods announced on Dec. 5 that it has acquired Canature, a producer of freeze-dried pet food and treats. Canature, founded in 2010 and headquartered in Langley, British Columbia, will add technical freeze-drying and wet-processing capabilities and a facility near Vancouver to Thrive Foods. Thrive Foods is backed by private equity firms Entrepreneurial Equity Partners (e2p) and Mubadala Capital, making the deal an add-on acquisition.

Getir has acquired online grocer FreshDirect from Ahold Delhaize as part of its strategy to expand in the United States, with the deal expected to close by the end of November. Following closing, FreshDirect will retain its brand and continue operating from its New York City facility while leveraging Getir’s technology and operational footprint.

Frutura, a California-based global fruit sales and marketing company, has entered into agreements to acquire Sun Belle and Giddings Fruit to expand and strengthen its year-round berry business. Sun Belle adds U.S. distribution infrastructure and berry marketing capabilities, while Chile-based Giddings Fruit contributes year-round berry and cherry supply with packing operations across Mexico and South America. Post-close, Sun Belle founder Janice Honigberg will remain CEO and Giddings Fruit’s Julio Giddings will become chair emeritus, with both joining Frutura’s board.

Funds advised by SK Capital Partners signed an agreement to acquire J&K Ingredients, a manufacturer and supplier of food and beverage ingredients focused on natural, organic, and clean label products. J&K Ingredients is currently owned by CORE Industrial Partners, and the transaction is expected to close before year-end; financial terms were not disclosed.

Graham Partners acquired Commercial Bakeries Corporation, a family-founded producer of private label packaged cookies. Commercial Bakeries is headquartered in Toronto, Canada and serves retail and co-manufacturing customers across North America, with a focus on specialty/premium, better-for-you, and seasonal/LTO cookie products.

Molson Coors Beverage Company has agreed to acquire Blue Run Spirits, a Georgetown, Kentucky-based producer of premium bourbon and rye whiskies. The acquisition expands Molson Coors’ spirits footprint and will be housed within the newly established Coors Spirits Co., with Blue Run co-founder and CEO Mike Montgomery taking an expanded leadership role.

Brynwood Partners IX L.P., through its newly formed portfolio company West Madison Foods, agreed to acquire the Marie's salad dressing brand and the Dean's Dip business from Ventura Foods, LLC. The deal also includes the Thornton, Illinois manufacturing facility where the products are made; financial terms were not disclosed. West Madison Foods will be headquartered in Chicago, Illinois.

Bobbie, a San Francisco-based infant formula company, acquired Nature's One, an Ohio-based pediatric nutrition company and owner of a newly built infant formula manufacturing facility. The deal is funded alongside Bobbie’s $70 million Series C financing, led by a $35 million investment from PowerPlant Partners, and positions Bobbie to expand U.S.-based infant formula production while continuing to manufacture Nature’s One products under the Baby’s Only brand.

Enrich Foods, LLC, a newly formed consumer products subsidiary of Columbia Grain International, acquired Great River Milling in Fountain City, Wisconsin. The deal includes Great River’s milling operation and a new packaging and distribution facility, expanding Columbia Grain’s presence in organic grain, flour, dry beans, and pulses consumer products.

LongueVue Capital (LVC) made a growth capital investment in Global Gourmet Food Solutions to support the company’s continued expansion in frozen, specialty ready-to-cook and ready-to-eat international cuisine products. Global Gourmet is headquartered in Garland, Texas and serves customers nationwide across retail, food service, distribution, education, and institutional end markets.

KeHE Distributors announced plans to acquire DPI Specialty Foods, a western U.S. specialty foods distributor, expanding KeHE’s footprint and strengthening its fresh food, warehousing, and logistics capabilities. DPI is being acquired from Arbor Investments; financial terms and timing were not disclosed and the transaction is subject to regulatory approval and customary closing conditions.

US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a family-owned broadline foodservice distributor headquartered in Watertown, New York. The deal is intended to expand US Foods’ reach in the central upstate New York region where it does not currently have a distribution center and is expected to close in the third quarter of 2023, pending regulatory approval. Financial terms were not disclosed.

Handgards, Inc., a portfolio company of Wind Point Partners, announced the acquisition of EMI Yoshi, Inc., a supplier of foodservice tableware and catering products. The deal expands Handgards’ disposables tabletop product portfolio and increases its distribution footprint, including through EMI Yoshi’s warehouse operations in South Carolina.

Cape May Brewing Co. acquired Flying Fish Brewing Co., one of New Jersey’s oldest craft breweries, purchasing all of Flying Fish’s assets including its Somerdale tasting room. The deal allows both brands to continue selling beers independently while expanding Cape May Brewing’s production, warehouse capacity, and distribution footprint across New Jersey, Pennsylvania, and Delaware.

Sky Island Capital made a majority investment in Kaufhold's Kurds Inc., partnering alongside the second-generation founding family leadership. Kaufhold's Kurds, a Wisconsin-based manufacturer of hand-breaded cheese curds, will continue to be run by Renee Drummond and CEO/co-owner Anthony Drummond, who will retain equity in the business.

Austin Circle Partners acquired Bagel King Wholesale, Inc., a kosher-certified wholesale baking company serving customers across Central Florida and the broader state via distributors. Benchmark International facilitated the transaction between the parties.

ICV Partners, LLC acquired the Desi Natural and Noga brands and related assets from Raymundo's Food Group, LLC (a portfolio company of AUA Private Equity Partners) to form a new company, Desi Fresh Foods. Desi Fresh Foods produces South Asian yogurt products including dahi and lassi and operates its primary plant in Farmingdale, New York.

SBJ Capital, a private investment firm, made a strategic investment and entered into a partnership with the management team of Rishi Tea & Botanicals, a branded specialty and organic tea and botanicals producer. Rishi Tea & Botanicals was founded in 1997 and is known for importing and producing organic, direct trade tea and botanicals.

Farragut Capital Partners closed a subordinated debt and preferred equity investment in Malley's Candies to support the company's recapitalization led by Promise Holdings. Charter Growth Capital and a group of local Cleveland investors also participated, while the Malley family (including CEO Mike Malley) remains involved in the business.

Bansk Group acquired Red's All Natural, a U.S. clean-label frozen food brand focused on frozen burritos and breakfast sandwiches. Stellus Capital Management affiliates provided senior debt financing and made an equity co-investment to support the acquisition.

An affiliate of Sun Capital Partners has completed the acquisition of Fresh Origins, a grower and shipper of microgreens and edible flowers serving foodservice and retail customers across the United States. Fresh Origins is headquartered in San Marcos, California, and the terms of the private transaction were not disclosed.

Astara Capital Partners, through an affiliate of Astara Capital Fund I, L.P., made an investment in Wyandot Snacks. Wyandot, headquartered in Marion, Ohio, is a contract manufacturer of snack foods and cereals, and its CEO Dewey Armstrong will continue to lead the company; the Brown family is noted as the long-time owner, and terms were not disclosed.

Hometown Food Company, controlled by Brynwood Partners VIII L.P., completed the acquisition of Birch Benders from Sovos Brands, Inc. Financial terms were not disclosed. The deal adds Birch Benders’ better-for-you pancake and baking mix portfolio to Hometown Food Company’s existing baking brands.

MidOcean Partners announced it has exited its private equity investment in Nutrabolt, a global active health and wellness company. In conjunction with the exit, Keurig Dr Pepper will enter into a strategic partnership with Nutrabolt that includes a long-term sales and distribution arrangement and an equity investment.

American Beverage Corporation, a wholly owned subsidiary of Harvest Hill Beverage Company, acquired Poppilu, an organic kids’ lemonade brand founded by Melanie Kahn. The acquisition adds Poppilu’s lemonade pouches to Harvest Hill’s portfolio of children’s beverage brands and supports further expansion in the kids’ beverage category.

Suja Life, LLC, a portfolio company of Paine Schwartz Partners, announced it has acquired Vive Organic, an immunity-supporting wellness juice shots brand. The deal adds Vive Organic’s doctor-formulated functional shots to Suja’s cold-pressed beverage portfolio; financial terms were not disclosed.

Palladium Equity Partners signed a definitive agreement to sell GoodWest Industries, a manufacturer and supplier of low-acid aseptic beverage solutions, to Sunny Sky Products, a portfolio company of The Jordan Company. As part of the transaction, Palladium will retain GoodWest’s Jordan’s Skinny Mixes division. Financial terms were not disclosed and closing was expected before year-end subject to customary conditions.

House Foods Holding USA, a subsidiary of House Foods Group Inc., has acquired Keystone Natural Holdings (KNH), a portfolio company of Keystone Capital. Keystone Capital built KNH into a plant-based foods platform beginning with the 2016 acquisition of Nature's Soy and subsequent add-on acquisitions and organic investment. The transaction represents Keystone Capital’s exit from its investment in KNH.

Ironbridge Equity Partners, together with Handi Foods management, acquired a controlling interest in Handi Foods Ltd. Handi Foods is a Toronto, Ontario-based private-label manufacturer of pita-based snack products serving customers across the United States and Canada.

Bridges has completed the sale of Impact Food Group (IFG), a UK school catering company, to THI Investments, a pan-European family-owned investor. Bridges created IFG in 2018 by combining two caterers, and the business now serves nutritious food to over 300 schools across the UK.

AUA Private Equity Partners has consummated the sale of Water Lilies Food, LLC, a manufacturer of premium frozen Asian appetizers, to affiliates of Blue Point Capital Partners. Water Lilies is headquartered in Bay Shore, New York, and expanded its operational footprint and capabilities during AUA Private Equity’s ownership.

Benford Capital Partners (BCP) has recapitalized Gum Products International, Inc. (GPI) in partnership with CEO and founder Kenneth Tan, who will continue to lead the company. GPI is BCP’s first platform investment from its $200 million Fund II and the parties plan to invest in growth initiatives and pursue future add-on acquisitions.

FairWave Coffee Collective (FairWave Holdings LLC), a specialty coffee collective based in Kansas City, Missouri, acquired Minneapolis-based Up Coffee Roasters. The acquisition expands FairWave’s presence in Minneapolis, with Up Coffee continuing to operate locally under owner David Chall’s leadership while gaining access to FairWave’s marketing, technology resources, and best practices.

Oak View Group (OVG), through its OVG Hospitality division, has acquired Spectrum Catering, Concessions & Event Services, an event-based food service company focused on major sporting events, music festivals, and artist/tour catering. The deal is intended to expand OVG Hospitality’s reach and capabilities in live-event food service and hospitality, following OVG’s prior acquisition of Spectra in November 2021.

Brookside Flavors & Ingredients LLC (BFI) acquired the assets of Flavor Advantage, LLC, a provider of sweet flavors for customers across several industries. Flavor Advantage founder and president Tom Motz will continue serving customers as part of BFI, with the combined organization aiming to accelerate growth through added resources and capabilities.

Fortune International, LLC acquired New Orleans Fish House, LLC (NOFH), a wholesale supplier of fresh seafood and specialty products serving restaurants and other customers across New Orleans and the Gulf South. NOFH’s owners Bill Borges, Brett Borges, and Cliff Hall will remain with the business following the acquisition. Financial terms were not disclosed.

GS Foods Group, Inc., a foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners, acquired Graves Foods, a leading foodservice distributor headquartered in Jefferson City, Missouri. The deal expands GS Foods’ Midwest footprint and operations, with the Graves family leadership team joining GS Foods post-transaction.

Bardstown Bourbon Company entered into an agreement to acquire Green River Spirits Company, with closing expected in July 2022 subject to customary conditions. The deal adds the Green River brand and two production sites—Green River Distilling Co. in Owensboro, Kentucky and a facility in Charleston, South Carolina—expanding Bardstown’s custom distillation capacity and Kentucky whiskey portfolio.

Florida Food Products (FFP), backed by Ardian and MidOcean Partners, reached an agreement to acquire Javo Beverage Company, a natural extractor of clean-label coffee, tea, and botanical ingredients for beverage applications. The deal is expected to close in the third quarter of 2022, subject to customary conditions, and will expand FFP’s portfolio of natural beverage ingredients; financial terms were not disclosed.

Sole Source Capital portfolio company Worldwide Produce acquired Valley Food Services, a fresh produce and dairy foodservice distributor serving the Coachella Valley market. The deal strengthens Worldwide Produce’s presence in the Coachella Valley and represents Worldwide’s fourth acquisition since being acquired by Sole Source Capital in 2019. Financial terms were not disclosed.

DDC Enterprise, Ltd. (DayDayCook) has acquired Omsom, an Asian consumer food brand known for its cooking sauces and saucy noodles. The consideration is a combination of cash and stock paid over four years, and the deal is intended to expand DayDayCook’s U.S. presence while accelerating Omsom’s product innovation and retail growth through operational synergies.

Atlas Holdings has acquired Foster Farms, a family-owned producer of fresh, frozen, and prepared poultry products headquartered in Livingston, California, from entities associated with the Foster Family. Foster Farms will continue to operate under its existing name, and Donnie Smith, former CEO of Tyson Foods, was appointed as the new CEO and Chairman. Financial terms of the transaction were not disclosed.

Standard Meat Company, a North Texas-based meat company, has acquired Syracuse Sausage, a family-owned sausage producer based in Ponder, Texas. Syracuse Sausage will be integrated into Standard Meat as a new division and will continue serving national restaurant chains, grocery stores, meal kit companies, and other food-service customers.

CalNutri, Inc. acquired the assets of its longtime client Health & Nutrition Technology (HNT), a provider of medically supervised weight-management programs and related products. The deal includes HNT’s meal replacement product line, Health One, which CalNutri has manufactured and supported in the supply chain since 1999.

Pritzker Private Capital (PPC) announced the acquisition of Bardstown Bourbon Company, a Kentucky-based distiller, producer, and bottler of premium bourbon and rye whiskey. PPC is investing alongside Bardstown Bourbon’s management team and current investors, with existing leadership continuing to run the business. The partnership is intended to accelerate growth through increased production capacity and enhanced market presence in premium spirits.

Patriot Pickle, a portfolio company of Swander Pace Capital, announced it has acquired the pickle assets of Farm Ridge Foods, Inc. The deal expands Patriot Pickle’s retail brand presence and strengthens its internal retail sales capabilities, positioning the company for further growth in refrigerated pickles and fermented foods.

Gemini completed two new platform investments: Saval Foods and Catalina Finer Foods. Saval Foods is a Baltimore-based broadline foodservice distributor and deli meats producer, including operations under Deli Brands of America. Catalina Finer Foods is a Tampa-based manufacturer of Cuban and Hispanic frozen food products sold primarily in key U.S. East Coast markets.

Koios Beverage Corp. signed a definitive agreement (dated April 5, 2022) to acquire all issued and outstanding securities of privately held Retox Beverage Corp. The transaction consideration consists of 15,000,000 Koios units at a deemed value of $0.10 per unit (aggregate $1.5 million), and is expected to close on or before April 30, 2022 subject to customary conditions and regulatory approvals.

Audax Private Equity has completed the sale of Stonewall Kitchen, a branded specialty food and home goods products provider, to TA Associates. Stonewall Kitchen, founded in 1991 and headquartered in York, Maine, expanded significantly under Audax ownership following its 2019 acquisition, including multiple add-on acquisitions and growth across wholesale, retail, and direct-to-consumer channels.

L Catterton’s Europe fund acquired a significant minority shareholding in Little Moons, a UK premium dessert brand known for mochi ice cream bites. The investment is intended to support Little Moons’ accelerated growth and international expansion, with financial terms not disclosed.

Funds advised by Apax Partners LLP reached an agreement to acquire a controlling stake in Ole Smoky Distillery from Centerview Capital. Ole Smoky’s founders and management will remain significant shareholders, and the deal is expected to close by April 2022; financial terms were not disclosed.

An affiliate of Peak Rock Capital completed the acquisition of Ziyad Brothers, a branded Middle Eastern and Mediterranean foods provider, in partnership with Ziyad’s management team and the Ziyad family. Ziyad is headquartered in Chicago and distributes a portfolio of over 800 SKUs across specialty grocers, supermarkets, national accounts, and e-commerce channels. The deal is positioned as a platform investment for Peak Rock in the food, beverage, and distribution sector.

Monterey Bay Herb Co has acquired AmeriHerb, a distributor of botanicals, herbs, and spices that sells primarily through its e-commerce sites AmeriHerb.com and Herbalcom.com. AmeriHerb is based in Ames, Iowa, and was co-owned by Tom Doyle and Doug Borud. Monterey Bay Herb Co is a portfolio company of private equity firm Frontenac.

Rotunda Capital Partners acquired a majority stake in Siegel Egg Co., a wholesale distributor of bakery ingredients and other food products serving New England and New York. Siegel will continue to be led by CEO Ken Siegel, with Ken Siegel and Amy Siegel Feld staying on to support the company’s growth plans, including expansion and potential add-on acquisitions.

MidOcean Partners acquired Casper's Ice Cream, a manufacturer and supplier of branded and co-packed frozen novelty and ice cream products sold across the United States. Casper's portfolio includes the FatBoy, Jolly Llama, and ChurnBaby brands, and MidOcean plans to accelerate growth through organic initiatives and strategic M&A. The Merrill family, which had owned Casper's for more than 95 years, is exiting ownership; financial terms were not disclosed.

Dessert Holdings acquired Steven Charles – A Dessert Company (Steven Robert Original Desserts, d/b/a Steven Charles), a gourmet dessert manufacturer serving foodservice and retail customers across North America. Steven Charles will continue to be operated by its current management team led by President Rebecca O'Hara, and financial terms were not disclosed. Dessert Holdings is backed by Bain Capital Private Equity, which acquired the platform in June 2021.

The Hain Celestial Group, Inc. completed its acquisition of That's How We Roll, the producer and marketer of the ParmCrisps and Thinsters better-for-you snack brands. Hain Celestial acquired the business from Clearlake Capital Group for approximately $259 million in cash, subject to a working capital adjustment.

GlacierPoint Enterprises, a portfolio company of Mill Point Capital and parent of E&M Logistics, partnered with and acquired Jack & Jill, a family-owned direct store delivery (DSD) distributor of ice cream and other food and beverages. The transaction expands GlacierPoint/E&M’s geographic footprint from the New York Metro area into the Mid-Atlantic corridor and strengthens customer and vendor relationships. Jack & Jill President Ken Schwartz will continue in his role and join GlacierPoint’s board and shareholder group.

GS Foods Group, a specialized food distributor owned by affiliates of Highview Capital and A&M Capital Partners, acquired Thurston Foods, a full-service food distributor. The deal expands GS Foods Group’s footprint in the Northeastern United States and adds Thurston Foods’ regional distribution capabilities and customer base.

ACON Investments formed a new North American sustainable seafood platform by simultaneously acquiring and merging Northern Wind Inc., Suncoast Seafood Inc., and Raymond O'Neill & Son Fisheries Ltd. The combined business will operate as Atlantic Sustainable Catch (ASC), a premium sustainable seafood processor and distributor focused on scallops and lobster across locations in Massachusetts and New Brunswick. Existing owners and management teams will remain in leadership roles and retain meaningful equity alongside ACON.

Five Star Food Service announced the acquisition of Gulf Coast Canteen, a vending operation based in Mobile, Alabama. The deal expands Five Star’s territory further into Alabama and establishes its entry into Florida via branches in Mobile and Pensacola; financial terms were not disclosed. Gulf Coast Canteen’s Ocean Springs, Mississippi operation will be acquired separately by Refreshments Solutions.

Nova Vida GP Inc, an Ontario-based investment firm, completed the acquisition of Thai Indochine Trading Inc (dba TI Foods), an importer and distributor of Asian food products serving grocery stores across Canada. As part of the transaction, Piyush Kunnapallil (President of Nova Vida) will become CEO of TI Foods, while the existing management team will remain involved. TI Foods also referenced Sage Capital Partners as an equity investor supporting the company’s growth plans.

Falfurrias Capital Partners acquired Local Hive Honey, a leading U.S. brand of raw and unfiltered honey, as the first investment from its fifth fund. Financial terms were not disclosed, and Local Hive CEO Tony Landretti will continue to lead the company following the acquisition.

Vintage Wine Estates, Inc. acquired substantially all of the assets of Vinesse, LLC, a direct-to-consumer wine club platform with over 60,000 members. The deal is intended to expand VWE’s DTC capabilities through cost synergies (bringing winemaking and distribution in-house) and revenue opportunities from cross-selling and upselling. VWE is paying $14 million in cash plus a potential $2.5 million earnout over three years; Vinesse founder/owner Larry Dutra is expected to remain involved with the business.

An affiliate of The Jordan Company’s Resolute Fund V closed a strategic partnership investment in Sunny Sky Products, alongside founder and CEO Ashley Edens, who will continue to lead the company. The transaction provides an exit for Seidler Equity Partners, a longtime minority shareholder. The new investment is intended to support Sunny Sky’s organic growth and future acquisitions.

GS Foods Group, Inc., a specialized food distributor owned by affiliates of Highview Capital and A&M Capital Partners, acquired C&C Produce, a specialty produce distributor based in Kansas City, Missouri. The deal expands GS Foods’ national footprint and broadens C&C’s product offerings, with C&C’s owners continuing to lead operations from existing facilities in partnership with GS Foods leadership.

GenNx360 Capital Partners announced a majority investment in Whitsons Culinary Group, partnering with the company’s management team. Whitsons, headquartered in Islandia, New York, provides customized dining and foodservice programs across the Northeast, including school nutrition, healthcare and residential dining, prepared meals, and emergency dining.

Alete Active Nutrition announced it has acquired sports nutrition brand Bonk Breaker Nutrition. Bonk Breaker founder Jason Winn will continue to run the brand as Alete expands its portfolio of premium athlete-focused nutrition offerings, which is backed by American Pacific Group.

Rubicon Bakers, a portfolio company of Trive Capital, acquired Just Desserts, a baked-goods manufacturer founded in 1974. Headquartered in Fairfield, California, Just Desserts produces high-quality baked goods sold in grocery stores nationwide. The deal combines the two bakeries to broaden product offerings and scale manufacturing and distribution on a regional and national basis.

Iconic Brands, Inc. announced it has acquired TopPop LLC, a premium provider of ready-to-freeze alcoholic ice pops and a contract manufacturer/packager for alcohol products. The deal expands Iconic’s manufacturing footprint and licensing capabilities and provides a platform to launch adult alcohol pops and pouch cocktails while serving large beverage-industry co-packaging clients.

FlavorSum, a North American flavor producer and portfolio company of The Riverside Company, has acquired Whittle & Mutch, a U.S.-based formulator of beverage flavors. The deal adds Whittle & Mutch’s portfolio of flavors for carbonated and still beverages to the FlavorSum platform and supports FlavorSum’s strategy to expand capacity and solutions for small to emerging food and beverage companies.

Health-Ade announced that its longstanding partner First Bev has acquired a controlling stake in the kombucha beverage company, in a transaction also backed by investor Manna Tree. As part of the deal, Jack Belsito (Managing Partner of First Bev) will become CEO, and early investor CAVU Venture Partners will sell shares; financial terms were not disclosed.

MidOcean Partners acquired Louisiana Fish Fry, a manufacturer and supplier of Louisiana-inspired branded food products including coatings, sauces, spices, and seasonings. The company is headquartered in Baton Rouge, Louisiana and sells through grocery, mass, and foodservice channels across the United States. Financial terms of the transaction were not disclosed.

Levine Leichtman Capital Partners (LLCP) sold its portfolio company FlexXray Holdings, LLC to Warburg Pincus and Tilia Holdings; financial terms were not disclosed. FlexXray provides x-ray inspection services focused on food safety and regulatory compliance for food manufacturers and is headquartered in Arlington, Texas.

3D Corporate Solutions, a specialty proteins and fats manufacturer for the premium pet food sector, acquired Colorado-based All American Pet Proteins (AAPP). AAPP produces fresh and frozen proteins (including beef, lamb, bison, and buffalo) for premium pet food brands in North America, and the combination expands the companies’ range of proteins and processing capabilities.

Granite Creek Capital Partners, L.L.C. partnered with Clover Capital Partners to make an investment in Big Easy Blends, LLC, a New Orleans-based manufacturer of single-serve pouched frozen beverages. The investment is intended to support capacity expansion, increased sales and marketing, and product development to meet growing demand.

Roark Capital announced that an affiliate has acquired Nothing Bundt Cakes, a franchisor and operator of gourmet bundt cake bakeries. Founded in 1997, Nothing Bundt Cakes operates across 390 locations in the United States and Canada, and Roark plans to partner with management to support franchise owners and continue growing the brand.

Brynwood Partners VIII L.P. acquired De Wafelbakkers from The Oklahoma Publishing Company (OPUBCO), a subsidiary of the Anschutz Corporation; financial terms were not disclosed. De Wafelbakkers manufactures frozen pancakes, waffles, and French toast and is headquartered in North Little Rock, Arkansas, with an additional manufacturing facility in McDonough, Georgia.