Latest news with #SPCPlaybook
Yahoo
14-04-2025
- Business
- Yahoo
Swander Pace Capital Appoints New CEO to Lead Captek Softgel International, Inc.
CERRITOS, Calif., April 14, 2025--(BUSINESS WIRE)--Swander Pace Capital ("SPC"), an experienced private equity firm specializing in investing in consumer staples, announced today the next generation of leadership at Captek Softgel International ("Captek"), an SPC portfolio company. Brett Buatti has been appointed CEO of Captek effective immediately. Captek is an established Vitamin, Mineral & Supplement ("VMS") soft gel and gummy manufacturer in North America. Brett brings more than 20 years of senior management experience in a broad range of consumer products categories to this position. He previously served as Chief Operations & Supply Chain Officer at Aspire Bakeries and held various leadership roles at best-in-class publicly traded and privately held companies including The Bountiful Company and Pharmative in the health and wellness space. "I am thrilled to lead such a talented organization," said Mr. Buatti. "Captek has tremendous people and capabilities, and I am eager to take the business to the next level." "We are pleased to have the capability and expertise of Brett Buatti at Captek," said Corby Reese, Chairman of the Board at Captek and Senior Advisor at Swander Pace Capital. "Captek is entering a new chapter, and we are delighted to see this highly differentiated and strategically important asset continue to thrive under Brett's leadership." "The people at Captek are making a difference every day, and we are excited for Brett to accelerate that impact," said Alex Litt, Managing Director at Swander Pace Capital. "Captek enjoys a unique and innovative position in the marketplace, and we are confident the addition of Brett as CEO will help further drive our success." About Captek Softgel International, Softgel International, Inc. (CSI) is a privately-owned, FDA registered and audited, GMP-certified, full-service contract manufacturer of custom dietary supplement formulations. CSI features high efficiency encapsulation lines operating 24/5, capable of producing more than 10 billion soft gels annually. Their facilities encompass approximately 295,000 square feet of production, analytical laboratory, pilot laboratory, and warehousing space. Captek fully complies with FDA cGMP's and has been independently certified by NSF International. For more information, visit About Swander Pace CapitalSwander Pace Capital (SPC) is a private equity firm that invests in companies that are integral to consumers' lives. SPC's consumer industry experience informs the firm's strategic approach and seeks to add value through access to its SPC Playbook, senior team, and extensive network. The firm partners with management teams to help build companies to their full potential. SPC invests in businesses across two key domains of consumer lifestyles: Food and Beverage and Health and Wellness. With offices in California and New Jersey, SPC has invested in approximately 65 platform companies and raised cumulative equity commitments of approximately $2.2 billion since 1996. For more information, visit View source version on Contacts Jeremy MilnerGregory FCA(401) 862-9422jmilner@ Sign in to access your portfolio
Yahoo
28-01-2025
- Business
- Yahoo
Swander Pace Capital Announces Internal Promotions
SAN FRANCISCO & BEDMINSTER, N.J., January 28, 2025--(BUSINESS WIRE)--Swander Pace Capital ("SPC") is pleased to announce the following promotions recognizing each employee's significant and long-term contribution to the organization. Alex Litt has been promoted to Managing Director. Alex joined SPC in 2013 and worked with 14 portfolio companies during his time at SPC. He is a member of the Investment Committee and currently serves on the boards of Fine Choice Foods, Captek, Mommy's Bliss, and Swanson Health Products and previously served on the boards of T-Bev, Functional Formularies, and Reliance Holdings. Prior to SPC, Alex worked at Houlihan Lokey in New York, where he focused on middle-market merger and acquisition transactions in the Consumer Products and Health and Wellness categories. Alex graduated from Vanderbilt University with a B.A. in Economics and a minor in Financial Economics and Corporate Finance. Scott Kania has been promoted to Director - Portfolio Operations. Scott has been dedicated to value creation at SPC portfolio companies since 2016 with a focus on finance/tax, operations, IT, liquidity, and special situations. Scott currently serves as interim CFO of SPC portfolio company Captek and previously served as interim CFO of Cafe Valley, Mommy's Bliss, Max Solutions, TBEV, Passport Food Group, HALO/Aden & Anais, and Reliance Vitamin. Prior to SPC, Scott worked as CFO for a single-family office that invested across a broad range of industries and investment profiles. Scott received his BA in Economics/Accounting from College of the Holy Cross. Mike Merriman has been promoted to Senior Vice President. Mike joined SPC in 2016, currently serves on the boards of Fine Choice Foods, Oregon Ice Cream, and St. Methode, and previously served on the boards of Backerhaus Veit and HALO/Aden & Anais. Prior to joining SPC, Mike worked as an Investment Banking Analyst at Sawaya Partners, where he focused on CPG middle-market merger and acquisition transactions. Prior to that he was an Associate in the Healthcare Leveraged Finance Group at GE Capital. Mike received a BS in Finance from Fairfield University. About Swander Pace Capital Swander Pace Capital (SPC) is a private equity firm that invests in companies that are integral to consumers' lives. SPC's consumer industry experience informs the firm's strategic approach and seeks to add value through access to its SPC Playbook, senior team, and extensive network. The firm partners with management teams to help build companies to their full potential. SPC invests in businesses across two key domains of consumer lifestyles: Food and Beverage and Health and Wellness. With offices in California and New Jersey, SPC has invested in approximately 65 platform companies and raised cumulative equity commitments of approximately $2.2 billion since 1996. For more information, visit View source version on Contacts Jeremy MilnerBackBay Communications(401)
