Saco Foods has been acquired by Fengate Private Equity
Benford Capital Partners has sold Saco Foods to Fengate Private Equity, a division of Fengate Asset Management. Fengate is partnering with Weathervane Investment Corp. to further support the continued growth of the company.
Headquartered in Middleton, Wisconsin, Saco Foods is a well-scaled, diversified and rapidly expanding shelf-stable food platform with multiple brands that hold the #1 position in categories spanning baking, pantry, produce and confectionery. The company’s brands are sold throughout the retail and online channel spectrum, balancing in-store placement across more than 30,000 grocery, mass, club, convenience and dollar store doors with a top-100 digitally native F&B brand on Amazon Seller Central. Saco’s brands include California Sun Dry, Dolci Frutta, Saco Pantry, Solo Foods and Hoosier Hill Farm.
Fengate is a leading alternative investment manager, with more than US$8 billion of capital commitments under management, focused on private equity, infrastructure and real estate strategies. Fengate leverages 50 years of entrepreneurial experience to deliver excellent investment results on behalf of its clients. Fengate Private Equity is a division of Fengate Asset Management.
Benford Capital Partners is a Chicago, Illinois-based private equity firm focused on investments in lower middle-market companies in the industrial technology, consumer and food, agriculture products and services, and B2B e-commerce sectors.
Oaklins TM Capital in the US served as the exclusive financial advisor to Saco Foods, a portfolio company of Benford Capital Partners, in connection with its sale to Fengate Private Equity, a division of Fengate Asset Management.
Ben Riefe
Managing Director, Benford Capital Partners
Ota yhteyttä transaktiotiimiin
Craig M. Gibson
Oaklins TM Capital
David M. Felts
Oaklins TM Capital
Transaktiot
Jeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
Lue lisääPiper PE and Cool Japan Fund have backed a management buy-out of Inside Travel Group
Inside Travel Group (ITG) has been sold to Piper PE and Cool Japan Fund. This acquisition aligns with ITG’s goal of becoming the leading specialist in tailor-made and group tours across Asia. Piper PE and Cool Japan Fund will continue to support ITG’s founders and management team, driving the business’ growth in Japan and other Asian destinations.
Lue lisääGroupe JVS has completed an LBO with Capza and Bpifrance
The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.
Lue lisää