Highlander Partners has sold its portfolio company, SensoryEffects, to Balchem Corporation, a publicly-traded human and animal health and wellness company, for $567 million. According to Highlander Partners, the investment in SensoryEffects is the most successful one in the firm’s history. SensoryEffects is a supplier of customized food and beverage ingredients and products. The company operates […]
food ingrediants
Mill City Capital Acquires JMH International
Mill City Capital has completed the acquisition of JMH International, a developer and manufacturer of soup bases and other food related products. Co-investing with Mill City in the transaction were Northstar Capital (www.northstarcapital.com) and Babson Capital (www.BabsonCapital.com) as well as JMH’s former CEO, Kirk Mellecker. Senior financing was provided by Fifth Third Bank. JMH International […]
Trilantic Capital Partners Exits Fortitech
Royal DSM has entered into an agreement to acquire Fortitech, a developer of nutrient premixes and a portfolio company of Trilantic Capital Partners, in an all cash transaction for a total enterprise value of $634 million. Fortitech is a developer and manufacturer of custom nutrient premixes for the food and beverage industries. The company fortifies […]