Latest news with #SwanderPaceCapital
Yahoo
02-06-2025
- Business
- Yahoo
Maple Donuts in York County has been sold
YORK COUNTY, Pa. (WHTM) — The popular York County-based Maple Donuts has been acquired by a private equity firm. Swander Pace Capital, which is a private equity firm that is focused on investing in consumer staples in the food & beverage and health & wellness categories, announced it has acquired the York County-based Maple Donuts. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now According to the Maple Donuts website, the family business first opened its doors on Maple Street in York, Pa., back in 1946. 'The Burnside family recognized the clear benefits that Swander Pace Capital's resources and expertise can provide to help Maple Donuts continue its growth trajectory,' Luke Burnside, Executive Vice President of Sales at Maple Donuts, said. 'Their deep understanding of the bakery industry, combined with their track record of working with family-owned businesses, makes them the ideal partner for our next chapter. We are excited to work with the Swander Pace Capital team to further expand our product offerings, enhance our production capabilities, and extend our market capabilities while maintaining the high standards of quality that have defined Maple Donuts since its founding.' Since its founding, the business has grown to become a significant independent producer of private label donuts being offered across retail and food service channels nationwide. 'We are thrilled to partner with the Burnside family and the entire Maple Donuts team to support the company's continued growth,' Tyler Matlock, Managing Director at Swander Pace Capital, explained. 'We will continue to look for interesting investment opportunities within the bakery category to further establish Maple Donuts as a value-added partner to its customers. The company's commitment to quality, innovation, and customer service aligns perfectly with our investment philosophy.' According to Swander Pace Capital, this is now the firm's 8th platform and 15th investment in the bakery sector, with previous transactions including Boulangerie St. Méthode, Café Valley, Bäckerhaus Veit, Voortman Cookies, Pineridge Bakery, Ideal Snacks, and Nonni's Biscotti. 'We have dedicated our lives to building Maple Donuts into a trusted partner for our customers and a great place to work for our employees. As we transition the business, we are confident that Maple Donuts is in excellent hands for the next chapter with Swander Pace Capital. We look forward to seeing the company continue to thrive under their stewardship,' Damian and Nathaniel Burnside, Co-Presidents at Maple Donuts, added. abc27 news will keep you updated as more information becomes available. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Swander Pace Capital Acquires Maple Donuts
SAN FRANCISCO & BEDMINSTER, N.J., June 02, 2025--(BUSINESS WIRE)--Swander Pace Capital, a private equity firm focused on investing in defensive consumer staples across the food & beverage and health & wellness categories, announced that it has acquired Maple Donuts Inc., a Pennsylvania-based manufacturer of high-quality frozen bakery products. Partners Capital and Constitution Capital Partners served as lead co-investors for the transaction. Founded in 1946 by the Burnside family, Maple Donuts has grown to become a significant independent producer of private label donuts servicing a diversified customer base across retail and foodservice channels nationwide. "The Burnside family recognized the clear benefits that Swander Pace Capital's resources and expertise can provide to help Maple Donuts continue its growth trajectory," said Luke Burnside, Executive Vice President of Sales at Maple Donuts. "Their deep understanding of the bakery industry, combined with their track record of working with family-owned businesses, makes them the ideal partner for our next chapter. We are excited to work with the Swander Pace Capital team to further expand our product offerings, enhance our production capabilities, and extend our market capabilities while maintaining the high standards of quality that have defined Maple Donuts since its founding." "We have dedicated our lives to building Maple Donuts into a trusted partner for our customers and a great place to work for our employees. As we transition the business, we are confident that Maple Donuts is in excellent hands for the next chapter with Swander Pace Capital. We look forward to seeing the company continue to thrive under their stewardship," said Damian and Nathaniel Burnside, Co-Presidents at Maple Donuts. "We are thrilled to partner with the Burnside family and the entire Maple Donuts team to support the company's continued growth," said Tyler Matlock, Managing Director at Swander Pace Capital. "We will continue to look for interesting investment opportunities within the bakery category to further establish Maple Donuts as a value-added partner to its customers. The company's commitment to quality, innovation, and customer service aligns perfectly with our investment philosophy." The acquisition marks Swander Pace Capital's 8th platform and 15th investment in the bakery sector, having completed previous transactions with Boulangerie St. Méthode, Café Valley, Bäckerhaus Veit, Voortman Cookies, Pineridge Bakery, Ideal Snacks, and Nonni's Biscotti. Most recently, Café Valley, another Swander Pace Capital bakery platform manufacturing high-quality baked goods for the in-store bakery and foodservice channels, acquired the assets of Freed's Bakery, a manufacturer of iced mini cupcakes for national and regional retailers. Alantra served as the exclusive financial advisor to Maple Donuts and Stradley Ronan acted as legal counsel. Jones Day was legal counsel for Swander Pace Capital. About Maple Donuts A family tradition since 1946, Maple Donuts is an established producer of frozen bakery products for in-store and foodservice bakery programs nationwide. From ready-to-sell to ready-to-finish donuts, Maple Donuts specializes in high-quality private label solutions tailored to customer needs. For more information, visit About Swander Pace Capital Swander Pace Capital (SPC) is a lower middle market private equity firm focused on investing in defensive consumer staples businesses across the food & beverage and health & wellness categories. SPC seeks to add value through its SPC Playbook, experienced senior team, and extensive network of consumer executives, partnering with management teams to help build companies to their full potential. With offices in California and New Jersey, SPC has invested in over 60 platform companies and raised cumulative equity commitments of approximately $2.2 billion since 1996. For more information, visit About Partners Capital With more than $63 billion in assets under management, Partners Capital is a leading global investment firm acting for distinguished endowments, foundations, senior investment professionals and prominent families. For more information, please visit About Constitution Capital Partners Constitution Capital Partners, headquartered in Boston with personnel in New York and London, is a leading alternative asset manager focused on private equity and private credit investments. The firm is a disciplined, value-oriented investor with a demonstrated track record of generating top-quartile returns. The firm is led by an experienced, cohesive team of investment professionals with significant experience investing in partnerships, direct equity, and opportunistic credit. For more information about Constitution Capital, please see: View source version on Contacts Jeremy MilnerGregory FCA(401) 862-9422jmilner@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-06-2025
- Business
- Business Wire
Swander Pace Capital Acquires Maple Donuts
SAN FRANCISCO & BEDMINSTER, N.J.--(BUSINESS WIRE)--Swander Pace Capital, a private equity firm focused on investing in defensive consumer staples across the food & beverage and health & wellness categories, announced that it has acquired Maple Donuts Inc., a Pennsylvania-based manufacturer of high-quality frozen bakery products. Partners Capital and Constitution Capital Partners served as lead co-investors for the transaction. Founded in 1946 by the Burnside family, Maple Donuts has grown to become a significant independent producer of private label donuts servicing a diversified customer base across retail and foodservice channels nationwide. "The Burnside family recognized the clear benefits that Swander Pace Capital's resources and expertise can provide to help Maple Donuts continue its growth trajectory," said Luke Burnside, Executive Vice President of Sales at Maple Donuts. "Their deep understanding of the bakery industry, combined with their track record of working with family-owned businesses, makes them the ideal partner for our next chapter. We are excited to work with the Swander Pace Capital team to further expand our product offerings, enhance our production capabilities, and extend our market capabilities while maintaining the high standards of quality that have defined Maple Donuts since its founding." 'We have dedicated our lives to building Maple Donuts into a trusted partner for our customers and a great place to work for our employees. As we transition the business, we are confident that Maple Donuts is in excellent hands for the next chapter with Swander Pace Capital. We look forward to seeing the company continue to thrive under their stewardship,' said Damian and Nathaniel Burnside, Co-Presidents at Maple Donuts. "We are thrilled to partner with the Burnside family and the entire Maple Donuts team to support the company's continued growth," said Tyler Matlock, Managing Director at Swander Pace Capital. 'We will continue to look for interesting investment opportunities within the bakery category to further establish Maple Donuts as a value-added partner to its customers. The company's commitment to quality, innovation, and customer service aligns perfectly with our investment philosophy." The acquisition marks Swander Pace Capital's 8 th platform and 15 th investment in the bakery sector, having completed previous transactions with Boulangerie St. Méthode, Café Valley, Bäckerhaus Veit, Voortman Cookies, Pineridge Bakery, Ideal Snacks, and Nonni's Biscotti. Most recently, Café Valley, another Swander Pace Capital bakery platform manufacturing high-quality baked goods for the in-store bakery and foodservice channels, acquired the assets of Freed's Bakery, a manufacturer of iced mini cupcakes for national and regional retailers. Alantra served as the exclusive financial advisor to Maple Donuts and Stradley Ronan acted as legal counsel. Jones Day was legal counsel for Swander Pace Capital. About Maple Donuts A family tradition since 1946, Maple Donuts is an established producer of frozen bakery products for in-store and foodservice bakery programs nationwide. From ready-to-sell to ready-to-finish donuts, Maple Donuts specializes in high-quality private label solutions tailored to customer needs. For more information, visit About Swander Pace Capital Swander Pace Capital (SPC) is a lower middle market private equity firm focused on investing in defensive consumer staples businesses across the food & beverage and health & wellness categories. SPC seeks to add value through its SPC Playbook, experienced senior team, and extensive network of consumer executives, partnering with management teams to help build companies to their full potential. With offices in California and New Jersey, SPC has invested in over 60 platform companies and raised cumulative equity commitments of approximately $2.2 billion since 1996. For more information, visit About Partners Capital With more than $63 billion in assets under management, Partners Capital is a leading global investment firm acting for distinguished endowments, foundations, senior investment professionals and prominent families. For more information, please visit About Constitution Capital Partners Constitution Capital Partners, headquartered in Boston with personnel in New York and London, is a leading alternative asset manager focused on private equity and private credit investments. The firm is a disciplined, value-oriented investor with a demonstrated track record of generating top-quartile returns. The firm is led by an experienced, cohesive team of investment professionals with significant experience investing in partnerships, direct equity, and opportunistic credit. For more information about Constitution Capital, please see:
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)
