Investment Summary |
|
|---|---|
| Date | 2025-04-14 |
| Target | Heartisan Foods |
| Sector | Food |
| Investor(s) | Gellert Global Group |
| Sellers(s) |
Ronin Equity Partners
Cardinal Equity Partners Landon Capital Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Intrepid Investment Bankers (Financial) Goulston & Storrs Katten Muchin Rosenman (Legal) |
SEARCH BY
Gellert Global Group offers a wide range of imported food products across the food industry. Gellert Global Group's portfolio spans specialty cheeses, charcuterie, deli meats, seafood, and other gourmet food products. Gellert Global Group is based in Elizabeth, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2017 |
| PE ASSETS | 300M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ronin Equity Partners is a private equity firm focused on control investments in mid to large-sized North American headquartered in businesses valued up to $1 billion. The Firm's sector interest includes the industrial, industrial services, and consumer sectors. Ronin has a special interest in situations that can benefit from its operational expertise, including pursuing opportunities for organic and non-organic growth, back office improvements, and better cost structure systems and policies. Ronin Equity Partners was formed in 2017 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-20 |
Lotus Beverage Alliance
Lincoln, Nebraska, United States Lotus Beverage Alliance was formed when six of the most prominent craft beverage suppliers joined forces. By bringing together top brewery craft beverage equipment and technology suppliers across the industry, Lotus offers customers better resources, support, and value with each purchase. Lotus represents the merger of Alpha Brewing Operations, Twin Monkeys Beverage Systems, Stout Tanks and Kettles, Brewmation, Automated Extractions, and GW Kent. Lotus Beverage Alliance was founded in 2023 and is based in Lincoln, Nebraska. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-02 |
Due North
Georgetown, Ontario, Canada Due North operates in the refrigerated display market, with product offerings across the pet food, beverage, micro markets, and food sectors. Due North is based in Georgetown, Ontario. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Cardinal Equity Partners is a privately owned partnership that targets investments in lower middle-market businesses headquartered in the central portion of the US. Cardinal looks for light manufacturing, distribution, or service businesses with $5 to $50 million in revenue and at least $1 million of EBITDA. Prospective transaction situations include management buyouts, recapitalizations, family successions, and corporate spin-offs. Cardinal prefers businesses with proven management, recurring revenue, and no major customer concentration issues. Cardinal will not invest in software, heavy manufacturing, automotive, consulting, or companies with a significant percentage of non-US sales. Cardinal Equity Partners was formed in 1993 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 17 of 17 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-16 |
Guardian Pharmacy
Atlanta, Georgia, United States Guardian Pharmacy is a closed-door, institutional pharmacy focused on meeting the needs of individuals that reside in assisted living and skilled nursing facilities. Guardian Pharmacy was founded in 2003 and is headquartered in Atlanta, Georgia. |
Sell | - |
Landon Capital Partners is a family office focused on acquiring healthcare services, niche manufacturing, business services, and food/beverage companies. Landon Capital seeks control situations and prefers US-based opportunities, although the Firm will opportunistically consider acquisitions in Europe. Target companies generally exhibit opportunities to create value, strong management, and predictable earnings. Landon Capital Partners was formed in 2015 and is based in Boston, Massachusetts, and has offices in New York and London.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 4 of 5 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-01 |
Walbro
Tucson, Arizona, United States Walbro is a large manufacturer of carburetors and a major manufacturer of ignition systems, fuel injection and air/fuel management components, and fuel storage and delivery components for engines targeted at outdoor power equipment, marine, recreational and two-wheel applications. Walbro was founded in 1950 and is based in Tucson, Arizona. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-30 |
iMemories
Scottsdale, Arizona, United States iMemories is focused on preserving and sharing a lifetime of memories by taking old home movies on 8mm, Super 8, and VHS, as well as photo prints, negatives, and slides, and digitizing them with pristine quality so they last for generations to come. Their innovative app allows customers to view and share memories on any device, organize them, and add to them over time. iMemories was formed in 2006 and is based in Scottsdale, Arizona. |
Sell | - |
