Food & Beverage Acquisitions in New York

Horizon Family Brands has acquired Maple Hill Creamery, bringing the 100% grass-fed organic dairy maker into Horizon’s portfolio to expand its organic dairy offerings and strengthen retail distribution across the U.S. The deal aims to combine Maple Hill’s grass‑fed expertise and farmer network with Horizon’s scale to accelerate innovation, supply‑chain resilience, and nationwide reach.

SNH Capital Partners has made a strategic growth investment in Arctic Fisheries, a Buffalo, New York-based importer and distributor of premium seafood products. Michael Kotok will remain a shareholder and continue to lead the company as SNH provides capital and operational resources to accelerate Arctic Fisheries' growth across existing and new markets.

Houston-based FreshBrew Group has acquired the Branded Coffee licensed division of Long Island City–based White Coffee Corp. The transaction transfers the nation's largest portfolio of licensed bagged coffee and K-Cup products to FreshBrew, expanding its roasting, liquid production and branded-manufacturing capabilities; senior members of the White family will join FreshBrew's executive team to lead the transition.

Mama's Creations, Inc. (Nasdaq: MAMA) acquired substantially all assets of Crown I Enterprises Inc., a Sysco subsidiary and fresh protein/ready-to-eat meal manufacturer, for $17.5 million in cash. The acquisition adds approximately $56 million of annual revenue, a 42,000-square-foot USDA-certified Bay Shore, New York production facility and roughly 200 employees, and is intended to expand Mama's production capacity, premium retail relationships and cross-selling opportunities.

Misfits Market has acquired The Rounds, an AI-powered last-mile grocery delivery startup, expanding Misfits' sustainable grocery footprint and absorbing The Rounds' recurring-membership base and corporate/multifamily partnerships. The acquisition strengthens Misfits Market's last-mile delivery, reusable-packaging capabilities and brings The Rounds members a year of Misfits+ and a $30 credit.

Loch Lomond Group has acquired The New York Distilling Company (NYDC), a Brooklyn-based producer of Jaywalk Rye and other spirits, to expand its portfolio into American whiskey and invest in NYDC’s production and visitor capabilities. The acquisition will support growth of NYDC brands in the US and internationally via Loch Lomond Group’s distribution network.

Chobani, the U.S. food and beverage company, has acquired plant-based frozen meal brand Daily Harvest. The deal — terms not disclosed — gives Chobani entry into the frozen ready-to-make meals category and broader distribution in the frozen grocery aisle while expanding Daily Harvest's retail and DTC reach.

CookUnity has acquired Fraîche, a New York City–based smart-fridge platform that provides chef-crafted meals and curated snacks to office workplaces. The deal expands CookUnity's distribution into the workplace, giving employees 24/7 access to chef-prepared meals and enabling CookUnity to scale its chef-led offering into office locations.

Baldor Specialty Foods has acquired premium meat company Golden Packing (to be operated as Golden Meat Co.) and will integrate its Hunts Point meat processing business into Baldor's distribution platform. The acquisition gives Baldor vertical meat-processing capabilities, expands its premium center-of-plate offerings for its 14,000+ customers, and retains Golden's founders and a staff of 35 to run operations.

Ahimsa Companies, a New York-based holding company focused on plant-based brands, has acquired Blackbird Foods, a New York-based maker of frozen plant-based pizzas, wings, seitan and dairy-free cheese. The acquisition is intended to expand Blackbird's retail and foodservice distribution, strengthen manufacturing capacity, and accelerate product innovation as part of Ahimsa's roll-up strategy in alternative proteins.

Misha's Inc., a Los Angeles–based plant-based foods company, has acquired Vertage, a New York–based dairy-free cheese maker, to expand Misha's product line into shredded and sliced cheeses and scale production. The transaction is supported by investors including QVT Financial, Composite Capital Partners, Gaingels, and Fresh Del Monte, the latter providing access to its production and inland logistics capabilities.

WECO Hospitality has acquired EatMise, a New York–based meal kit company, to expand its at-home dining offerings by combining fully prepared meals with pre-prepped meal kits. The acquisition will integrate EatMise's technology-driven operations and restaurant partnerships to broaden WECO's product line and provide more flexible meal options to customers in the New York area.

Schuman Cheese, a fourth-generation family-owned specialty cheese importer and maker, has acquired Trugman-Nash LLC from Allied Dairy, Inc., gaining ownership of the Old Croc Australian cheddar brand and exclusive U.S. distribution rights for Organic Herd British cheddar brands. The deal expands Schuman's premium cheese portfolio and strengthens its retail presence in the U.S. specialty cheese market.

Ferraro Foods has acquired Botticelli Food Service (including the recently acquired Rudy & Son operation), expanding its distribution footprint and adding hundreds of pizzeria and restaurant customers across the Long Island / tri-state pizza market. Concurrently, Ferraro sold its Casa Foods division in Utica, New York back to the legacy Fornino family, transferring the Utica facility and more than 80 employees to local ownership.

GrubMarket has acquired FreshGoGo, a Plainview, New York–based online Asian grocery and specialty food e-commerce platform. The deal brings FreshGoGo's cold-chain logistics, 50,000 sq. ft. warehouse, satellite dispatch centers and e-commerce platform into GrubMarket's foodtech ecosystem to strengthen its online grocery capabilities and reach into the Asian grocery market.

Tide Rock, an unlevered buyout firm, has acquired Glenn Wayne Wholesale Bakery, a family-owned full-line bakery manufacturer based in Bohemia, New York. The acquisition gives Tide Rock a manufacturing platform with a 40,000 sq. ft. facility and multiple food-safety certifications (including gluten-free), enabling expansion of customer reach and new product capabilities.

Califia Farms has acquired Uproot Inc., a New York–based provider of plant-milk dispenser systems for foodservice. The acquisition brings Uproot's dispenser program (operating 150+ dispensers across colleges, K–12 and hospitals) and its founding team into Califia to expand the company's Away From Home plant-based beverage offerings and sustainable dispensing capabilities.

Acme Smoked Fish Corp. has acquired Banner Smoked Fish; terms were not disclosed. The two Brooklyn-based, family-run smoked-fish producers will combine operations (Banner moving from Coney Island into Acme’s Greenpoint facility), with Banner founder Avi Attias and his son Eli joining Acme as the company expands its product portfolio — including Banner’s CRC‑certified kosher line — and pursues national growth and a larger Florida production site.

DDC Enterprise Limited (DayDayCook) has acquired Omsom, the U.S.-based Asian food brand known for its Cooking Sauces and Saucy Noodles. The deal, paid in a combination of cash and stock over four years, is intended to accelerate product innovation, expand DayDayCook’s U.S. portfolio and drive retail and operational synergies.

Legacy Food Group, a Richmond-based holding company for regional foodservice distributors, has acquired Best Mexican Foods, a family-owned specialty Hispanic food distributor based in Chester, New York. The acquisition expands LFG's footprint in the Northeast Hispanic foodservice market and adds complementary product selection and supplier relationships to its operating divisions.

The Simply Good Foods Company agreed to acquire plant-based RTD protein shake brand Only What You Need (OWYN) for $280 million in cash, with the deal announced April 29, 2024 and completed June 13, 2024. The acquisition, from United Nutritional Brands (an affiliate of Purchase Capital LLC) and other minority investors, expands Simply Good Foods' presence in the high-growth ready-to-drink protein shake segment and is expected to accelerate distribution and eCommerce growth for the OWYN brand (OWYN projected ~ $120 million net sales in 2024).

Miami Beef Company announced the acquisition of Hofmann Sausage Company, a historic Syracuse, New York-based sausage and hot dog brand. Miami Beef said it will invest in Hofmann's Syracuse facilities and expand distribution by adding hot dogs and sausages to its product portfolio nationwide.

Bain Capital Private Equity has signed a definitive agreement to acquire a significant stake in 1440 Foods, a New York–based portfolio of sports and active nutrition brands, alongside existing investor 4x4 Capital. The transaction (expected to close in December) will leave CEO Azania Andrews and the current management team in place; debt financing is being provided by Fortress Investment Group.

Kingswood Capital Management and First Bev completed an eight-figure growth equity investment in G FUEL, the gamer-focused energy drink brand, and named Bryan Crowley as CEO. The capital will support scaling the brand, expanding distribution and international reach while the company's founder and COO remain in the leadership team.

Wonder Group, founded by Marc Lore, has completed its acquisition of Blue Apron for $13.00 per share (approximately $103 million equity value), taking the meal-kit pioneer private following a tender offer and subsequent merger. Blue Apron will operate as a wholly owned subsidiary of Wonder and will be integrated into Wonder’s mealtime “super app,” expanding Wonder’s offering to include Blue Apron meal kits and Heat & Eat options while continuing Blue Apron’s nationwide operations.

Getir, the ultrafast grocery delivery operator, has acquired US online grocer FreshDirect from Ahold Delhaize. The deal — expected to close by end of November — will keep the FreshDirect brand and New York operations intact while enabling Getir to expand its U.S. footprint and leverage FreshDirect's fresh-product assortment and distribution capabilities.

Impact Capital, the private equity arm of Mike Repole's family office, has acquired a majority stake in JUNKLESS Foods to help scale the better-for-you chewy granola bar brand. The partnership will focus on brand building, innovation and expanding distribution to grow JUNKLESS into a national healthy-snack platform.

Global Sciences Holdings, a subsidiary of CBD Global Sciences Inc., has acquired 100% of Go Fast Sports & Beverage Company. The transaction closed September 29, 2023 for $1.2 million (paid with cash and short-term notes) and will allow Global Sciences to add the Go Fast energy drink brand to its manufacturing and distribution portfolio as it pursues broader international expansion.

MadaLuxe Group, through its new MadaLuxe Spirits division, has acquired a majority stake in premium tequila brand Tequila Enemigo. The founding team (Robin Clough, Max Davies-Gilbert and Sebastian Gonzalez) will retain a significant minority stake and remain responsible for day-to-day operations as the brand scales internationally through MadaLuxe's luxury platform and distribution network.

Bacardi Limited has completed the acquisition of ILEGAL Mezcal, making the family-owned spirits company the sole owner of the artisanal mezcal brand. Bacardi said the deal will accelerate ILEGAL's growth within the fast-growing super-premium mezcal category and expand the brand's global reach; terms were not disclosed.

Latina Boulevard Foods, a portfolio company of The Anderson Group, purchased the assets of C&R Food Services Inc., a broadline food distributor operating a facility in Mt. Morris, New York. Latina will maintain the Mt. Morris facility and retain previous owners Brian and Rachael Heywood to lead the division as the company expands its Central New York footprint and product offering.

Japanese family-owned bakery Taguchi has acquired US baked-goods manufacturer Brooklyn Brands from advisory firm Astor Group for an undisclosed fee (reported by the seller as an eight-figure dollar amount). The deal keeps Brooklyn Brands' founders and all ~200 employees in New York and aims to expand Taguchi's US presence while introducing Brooklyn Brands products to Japan and other Asian markets.

US Foods Holding Corp. acquired Renzi Foodservice, a family-owned broadline foodservice distributor based in Watertown, New York, expanding US Foods' presence into central upstate New York. Renzi operates a 110,000 square-foot facility, generates about $180 million in annual revenue and serves more than 2,300 customers; the deal (terms undisclosed) was announced in May 2023 and completed in July 2023.

Rastelli Foods Group has acquired New York–based Greensbury Market, a direct-to-consumer retailer of organic, grass‑fed beef, bison, poultry, pork and sustainable seafood. Greensbury’s premium product portfolio will be sold exclusively through Rastelli’s DTC site Rastellis.com, expanding Rastelli’s online offerings and convenience for consumers nationwide.

ICV Partners acquired the Desi Natural and Noga brands and related assets from Raymundo's Food Group, a portfolio company of AUA Private Equity, and formed a new operating company, Desi Fresh Foods, headquartered in Farmingdale, New York. The business is the leading U.S. producer of South Asian dahi and lassi; Larry LaPorta will lead the company as CEO and financing for the acquisition was provided by M&T Bank.

Entrepreneur Neil Hershman, owner and CEO of 16 Handles, has acquired DŌ, Cookie Dough Confections; financial terms were not disclosed. DŌ founder Kristen Tomlan will remain as Chief Brand Officer while Hershman plans to integrate DŌ products into 16 Handles locations and expand the brand's eCommerce, catering, and retail offerings.

Latina Boulevard Foods, a portfolio company of The Anderson Group, has purchased the assets of Hillcrest Food Service, a Rochester, New York-based foodservice distributor that specializes in servicing pizzerias. The acquisition is an add-on to Latina's distribution platform to expand its customer base, add new products, and grow in the Rochester and Syracuse markets.

Mill Point Capital has made a majority investment in Seviroli Foods and Vertullo Imports, with Sandy Hill Investors taking a minority stake alongside the continued ownership and operational roles of Joe Seviroli and Paul Vertullo. The partnership will support growth initiatives, product innovation and expansion of distribution across foodservice, retail and e-commerce channels while maintaining the companies' family-led leadership.

Next Century Spirits (NCS), a Raleigh-area spirits company, has acquired XED Beverages, the New York–based maker of better-for-you ready-to-drink (RTD) brands including SESH and HAPĒ Sake Spritz. The deal adds high-growth RTD brands to NCS's portfolio and aims to accelerate distribution and scale through NCS’s route-to-market, co-packing and white-label capabilities.

Blue Point Capital Partners has acquired Water Lilies Food, LLC, a Bay Shore, New York-based manufacturer and distributor of premium frozen Asian-inspired cuisine, in a transaction with sellers including AUA Private Equity Partners; Water Lilies CEO Peter Lee is retaining a significant ownership stake. Blue Point will partner with the Water Lilies management team and deploy its food-and-beverage operating resources (including appointed operating executives) to support growth, capability expansion and add-on acquisition efforts.

Pronghorn made a capital investment in Ten To One Caribbean Rum, the award-winning spirits brand founded by Marc Farrell and co-owned by Ciara. The investment includes access to Pronghorn's incubator and accelerator services to help scale Ten To One's distribution, DTC and brand capabilities across the U.S.

GlacierPoint Enterprises, a portfolio company of Mill Point Capital, has acquired Marina Ice Cream Corp., a direct store delivery (DSD) distributor of ice cream and frozen products in the New York Metro area. The deal adds Marina's product portfolio and customer relationships to the GlacierPoint platform, expanding its New York footprint and DSD capabilities as an add-on to the existing platform.

Thrive Freeze Dry, a portfolio company of Entrepreneurial Equity Partners and the Private Equity business of Mubadala Capital, has acquired Freeze‑Dry Foods from Cumming Capital. The acquisition adds a 240,000 sq. ft. freeze‑dry manufacturing facility in Albion, New York and brings specialized formulation and wet‑processing capabilities to Thrive's existing operations to expand its geographic footprint and product capabilities.

GlacierPoint Enterprises, a portfolio company of Mill Point Capital, has partnered with Gillette Creamery, a family-owned direct-store-delivery distributor headquartered in Gardiner, New York. The transaction adds Gillette to the GlacierPoint platform to expand frozen food and ice cream distribution capacity across Eastern New York and neighboring states, while the Gillette family will remain involved in operations.

DDC Enterprise Ltd. (DayDayCook) has acquired Omsom, the U.S.-founded Asian food brand known for its cooking sauces and Saucy Noodles, in a cash-and-stock deal paid over four years. The acquisition expands DayDayCook's U.S. portfolio, is expected to accelerate product R&D and retail growth for Omsom, and creates operational synergies across DayDayCook's multi-brand food platform.

Patriot Pickle, a Swander Pace Capital portfolio company, acquired the pickle assets of Farm Ridge Foods to expand its retail sales capabilities and add another retail brand to its portfolio. The acquisition is positioned as an add-on to Patriot Pickle’s fermented foods platform to strengthen retail and foodservice distribution and private-label capabilities.

Utz Brands, Inc. has entered into a definitive agreement for its subsidiaries to acquire the assets of two New York direct store delivery (DSD) distributors: Clem Snacks, Inc. (a Clem Companies subsidiary) and J&D Snacks, Inc. The purchases add approximately 125 DSD routes across New York City and Long Island, intended to accelerate Utz's share gains and expand its distribution and retailer support in the region; the transactions are expected to close in Q1 2022 with financial terms undisclosed.

All Gold Imports Inc., a portfolio company of Regimen Equity Partners, has acquired The Hemisphere Group, an importer and distributor of bulk nuts, seeds and dried fruits based in Smithtown, New York. The acquisition is an add-on to All Gold designed to accelerate its expansion into the northeastern United States and strengthen its product supply and customer relationships; Hemisphere founder Adam Green will remain as President.

Florida Food Products (FFP), backed by Ardian and MidOcean Partners, has acquired Comax Manufacturing Corp., a provider of clean-label natural flavor solutions focused on beverage and nutrition markets. The Calabretta family will retain an equity stake and Comax will continue operating its Melville, NY manufacturing facility and Marlton, NJ R&D site as part of FFP's Taste Division to expand FFP's clean-label flavor capabilities.

BlueTriton Brands, Inc. completed the acquisition of certain assets of Saratoga Spring Water Company, a premium spring water producer based in Saratoga Springs, New York. The deal brings the Saratoga brand and product lines into BlueTriton’s portfolio to expand its premium offerings and access a broader national hospitality and retail market; financial terms were not disclosed.