M&A Deal Summary |
|
|---|---|
| Date | 2025-06-02 |
| Target | Maple Donuts |
| Sector | Food |
| Buyer(s) |
Swander Pace Capital
Constitution Capital Partners Audax Private Debt Partners Capital |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Advisor(s) | Alantra (Financial) Stradley Ronon (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Focused |
Swander Pace Capital (SPC) is a private equity firm focused on investing in North American middle-market consumer products companies. SPC looks for companies exhibiting strong growth potential and sales of up to $500 million. Specific areas of interest include food/beverage, household products, health living, packaging, personal care, pet products, sporting goods, specialty apparel, and specialty distribution. Prospective investment situations include management-led buyouts, consolidations, divestitures, turnarounds, recapitalizations, and growth capital financings. SPC was formed in 1996 and has offices in San Francisco, California; Bedminster, New Jersey; and Ontario, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 52 |
| Sector: Food M&A | 27 of 27 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 34 of 34 |
| State: Pennsylvania M&A | 3 of 3 |
| Country: United States M&A | 42 of 42 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-27 |
Inovata
Edmonton, Alberta, Canada Inovata Foods is a private-label manufacturer of frozen entrées specializing in a wide variety of global cuisines ranging from Italian to Indian. The company’s production facilities and strong team provide customers with superior service, innovative R&D, professionalism, and competitive pricing models. Inovata Foods was formed in 1989 and is based in Edmonton, Alberta. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 6.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 89 of 89 |
| Sector: Food M&A | 7 of 7 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 21 of 21 |
| State: Pennsylvania M&A | 3 of 3 |
| Country: United States M&A | 83 of 83 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-14 |
Artisan Design Group
Dallas, Texas, United States Artisan Design Group is a dealer of flooring products and services, providing design, procurement, installation and quality control of flooring and complimentary products for homebuilders. Artisan Design Group was founded in 2016 and is based in Dallas, Texas. |
Sell | $1.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-27 |
Clarity
Madison, Connecticut, United States Clarity is a data and technology-driven provider of member communication solutions for health insurance payors, third party administrators (“TPAs”), and dental insurance companies. The Company’s software collects, consolidates and cleanses its customers’ data from multiple sources to generate compliant and personalized digital member communications across the enrollment, claims, and payments, and compliance functions of its customers. Clarity was founded in 2007 and is based in Madison, Connecticut. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 120 of 120 |
| Sector: Food M&A | 8 of 8 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 27 of 27 |
| State: Pennsylvania M&A | 5 of 5 |
| Country: United States M&A | 118 of 118 |
| Year: 2025 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-09 |
Jon-Don
Roselle, Illinois, United States Jon-Don is a national value-added distributor of equipment, supplies and training for specialty contractors in the water restoration, carpet cleaning, concrete surface prep and polishing, building service and abatement end markets. The Company offers a comprehensive suite of products across multiple categories that allows for convenient one-stop shopping. Jon-Don was founded in 1978 and is based in Roselle, Illinois. |
Sell | - |
Partners Capital is an Outsourced Investment Office acting for distinguished endowments and foundations, senior investment professionals, and prominent families across the globe. Partners Capital was founded in 2001 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Food M&A | 1 of 1 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 1 of 2 |
| Country: United States M&A | 1 of 2 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-11 |
Potters
Malvern, Pennsylvania, United States Potters is a global manufacturer of engineered glass materials to government agencies, highway and road maintenance contractors, as well as automotive, construction, mining, personal care, medical, and other industrial end markets. It produces highway safety marking glass beads, which add reflectivity to road markings to make them more visible to drivers and comply with government-mandated safety regulations. Potters was founded in 1914 and is based in Malvern, Pennsylvania. |
Buy | - |
