Highlander Partners https://highlander-partners.com A private investment firm making direct private equity and mezzanine investments. Tue, 20 Jan 2026 17:01:38 +0000 en-US hourly 1 Highlander Partners Acquires Iconic Hot Sauce Brand, Tapatio https://highlander-partners.com/news-posts/highlander-partners-acquires-iconic-hot-sauce-brand-tapatio/ https://highlander-partners.com/news-posts/highlander-partners-acquires-iconic-hot-sauce-brand-tapatio/#respond Tue, 20 Jan 2026 17:01:38 +0000 https://highlander-partners.com/?p=5386 read full story

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January 20, 2026 – Dallas, TX – Highlander Partners, L.P. (“Highlander”), a Dallas-based private investment firm, today announced the acquisition of Tapatio (“Tapatio” or the “Company”), the #5 hot sauce brand in the U.S. with authenticity that resonates across mainstream and Hispanic consumers, from the Saavedra family. The Arnold Companies also invested a significant minority equity position along with Highlander, and the Saavedra family will retain a minority position in Tapatio post-closing.

Tapatío® is a beloved hot sauce brand that has been bringing a flavorful kick to dishes since 1971. Founded in California by Jose-Luis Saavedra Sr., Tapatío® is named after the term used to describe someone from Guadalajara, Mexico, reflecting its deep connection to traditional Mexican flavors. Known for its perfect balance of medium heat and rich, tangy flavor, Tapatío® is crafted from a blend of red peppers and spices. It’s a versatile condiment, commonly used to enhance everything from Mexican cuisine to eggs, soups, and more.

Tapatio has built a trusted, authentic brand within the growing hot sauce category. Tapatio’s products have developed a large, loyal following in the Western U.S., where its customers include big-box retailers, supermarkets, restaurant chains, and other retail outlets. With Highlander’s investment and partnership, the Company plans to extend its reach into nascent geographies, broaden its distribution channels, bolster new product development and enter complementary new product categories.

“We are excited to partner with Tapatio, a generational business that is distinguished by a strong, authentic brand in the fast growing hot sauce category. We believe that Tapatio is poised to benefit from several secular trends that are dramatically reshaping consumer food choices, and we look to take advantage of the brand’s significant whitespace opportunity,” said Jeff L. Hull, President and CEO of Highlander Partners.

“It is both a privilege and an immense responsibility for Highlander to be the next steward of the Tapatio brand,” said Jeff Partridge, Partner at Highlander. “We share the Saavedra family’s vision to maintain the brand’s legacy as we carefully and purposefully target opportunities to grow the brand geographically, introduce new flavors and products, and deepen penetration in both the retail and foodservice channels.”

Luis Saavedra Jr., former CEO for Tapatio stated, “Highlander is a perfect fit given their extensive background in the branded Hispanic food category, and we are pleased to have a partner that invests their own capital and takes a long-term strategic approach to growing companies. Tapatio has a strong business with a proud heritage and identity. Highlander shares our vision to maintain this legacy.”

Stout served as exclusive financial advisor to Tapatio on the transaction. J.P. Morgan led the senior financing facilities, and NMP Capital provided both financing and equity in support of the transaction. Katten served as legal advisor to Highlander.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

About Tapatío
Tapatío® is a beloved hot sauce brand that has been bringing a flavorful kick to dishes since 1971. Founded in California by Jose-Luis Saavedra Sr., Tapatío® is named after the term used to describe someone from Guadalajara, Mexico, reflecting its deep connection to traditional Mexican flavors. Known for its perfect balance of medium heat and rich, tangy flavor, Tapatío® is crafted from a blend of red peppers, vinegar, garlic, and spices. It’s a versatile condiment, commonly used to enhance everything from Mexican cuisine to eggs, soups, and more. For more information, visit. For more information, visit www.tapatiohotsauce.com.

 

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NiTEO Products, a Portfolio Company of Highlander Partners, Acquires Faultless Brands https://highlander-partners.com/news-posts/niteo-products-a-portfolio-company-of-highlander-partners-acquires-faultless-brands/ https://highlander-partners.com/news-posts/niteo-products-a-portfolio-company-of-highlander-partners-acquires-faultless-brands/#respond Wed, 10 Dec 2025 16:40:38 +0000 https://highlander-partners.com/?p=5370 read full story

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December 10, 2025 – Dallas, TX – NiTEO Products, a leading formulator, packager and marketer of household and automotive chemical brands, today announced the acquisition of Faultless Brands (“Faultless”) from Architect Equity. Faultless, based in Kansas City, Missouri, for over 138 years, is the leading manufacturer of category defining brands to the household products industry. These brands include Faultless, Niagara and Magic, which are the market share leaders in fabric care, and Bon Ami, a scratch-free powder cleanser known for its ability to clean without harsh chemicals.

The transaction supports NiTEO’s strategic objective of building and growing a portfolio of high efficacy, branded household and automotive products. The Faultless acquisition will expand NiTEO’s Household Products division and further enhance its position as a leading branded products business serving the home care market.

John Rabenhorst, NiTEO CEO and a Highlander Principal, stated, “We are excited to combine such an iconic portfolio of brands into NiTEO to accelerate our success as a leader within household products. Faultless, Niagara, Magic, and Bon Ami are highly recognizable, efficacious products that are top performers in their respective categories. We are looking forward to building upon the 138-year-old heritage of the portfolio and continuing to take these brands to new heights.”

Jeff L. Hull, Highlander President and CEO, said, “This acquisition reconfirms our strategy of executing strategic add-on acquisitions that enhance and expand NiTEO’s existing business and branded product offerings in the home care segment. Building a house of brands within the household category to complement our automotive products will allow us to enhance existing NiTEO relationships and unlock additional revenue opportunities for our existing brands. We are continuing to evaluate M&A opportunities and expect to make additional acquisitions going forward.”

Canaccord Genuity served as exclusive financial advisor to Faultless Brands in the transaction. Monroe Capital LLC provided senior financing facilities and NMP Capital provided mezzanine debt and equity in support of the transaction.

About Faultless Brands
Faultless Brands is a collection of consumer products and brands encompassing fabric care, household cleaning, and commercial laundry products. Made in the USA, the Faultless and Niagara starch brands and Bon Ami Cleanser have rich heritages and remain top sellers in today’s competitive market. Other Faultless brands include Magic and Kleen King. The company was founded in 1887 and is based in Kansas City, Missouri. For more information, visit www.faultlessbrands.com.

About NiTEO
NiTEO is a premier formulator, packager and marketer of highly regarded household and automotive appearance and performance/maintenance chemical brands. These include APF in the car wash category; CarBrite in the professional appearance category; and the Pyroil, Motor Medic and Cyclo brands in the automotive maintenance and performance category, and OZIUM in the household air care category. For more information, visit www.niteoproducts.com.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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NiTEO Products, a Portfolio Company of Highlander Partners, Acquires Folex https://highlander-partners.com/news-posts/niteo-products-a-portfolio-company-of-highlander-partners-acquires-folex/ https://highlander-partners.com/news-posts/niteo-products-a-portfolio-company-of-highlander-partners-acquires-folex/#respond Thu, 04 Dec 2025 21:32:05 +0000 https://highlander-partners.com/?p=5358 read full story

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December 4, 2025 – Dallas, TX – NiTEO Products, a leading formulator, packager and marketer of household and automotive chemical brands, today announced the acquisition of Folexport, Inc. (“Folex”) from Barrett and Patty Lash. Folex, founded in 1966 and based in Tualatin, Oregon, is a leading manufacturer and provider of cleaning products for carpets, fabrics, and hard surfaces. FOLEX® primarily sells through retailers including Target, Home Depot, and Lowes, and enjoys a cult-like following from consumers given the category-defining efficacious nature of its products. FOLEX® offers a range of products, including instant carpet spot removers, hardwood, laminate, and tile floor cleaners, and stain removers.

The transaction supports NiTEO’s strategic objective of building and growing a portfolio of high efficacy, branded household and automotive products. The Folex acquisition will expand NiTEO’s Household Products division and further enhance its position as a leading branded products business serving the home care market.

John Rabenhorst, NiTEO’s CEO, stated, “We believe the addition of FOLEX® in the cleaning products space is highly strategic and complementary to Niteo’s existing home care offerings and gives us access to a strong line of well-regarded products that will bolster Niteo’s breadth in the category. We are excited to leverage the full Niteo portfolio of brands for the benefit of our retail partners and believe there is substantial growth potential within our branded household products portfolio.”

Jeff L. Hull, Highlander President and CEO, said, “The addition of FOLEX® to our growing family of brands further reinforces our strategy to build a leading business composed of category-defining, high efficacy brands in the home care segment. We thank Barrett and Patty Lash for their trust as the next steward of this brand, and we intend to get FOLEX® into the homes of more consumers. We continue to evaluate numerous other potential transactions and expect to close additional acquisitions in the future.”

Monroe Capital LLC provided senior financing facilities and NMP Capital provided mezzanine debt and equity in support of the transaction.

About Folex
Folex, founded in 1966 and based in Tualatin, Oregon, is a leading manufacturer and provider of cleaning products for carpets, fabrics, and hard surfaces. FOLEX® offers a range of products, including instant carpet spot removers, hardwood, laminate, and tile floor cleaners, and stain removers. The company also offers a professional line of cleaning solutions. For more information, visit www.folexcompany.com.

About NiTEO
NiTEO is a premier formulator, packager and marketer of highly regarded household and automotive appearance and performance/maintenance chemical brands. These include APF in the car wash category; CarBrite in the professional appearance category; and the Pyroil, Motor Medic and Cyclo brands in the automotive maintenance and performance category, and OZIUM in the household air care category. For more information, visit www.niteoproducts.com.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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Highlander Partners Acquires Juvenile Products Leader Ergobaby https://highlander-partners.com/news-posts/highlander-partners-acquires-juvenile-products-leader-ergobaby/ https://highlander-partners.com/news-posts/highlander-partners-acquires-juvenile-products-leader-ergobaby/#respond Mon, 30 Dec 2024 14:29:38 +0000 https://highlander-partners.com/?p=5216 read full story

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December 30, 2024Dallas, TX – Highlander Partners, L.P. (“Highlander”), a Dallas-based private investment firm, today announced the acquisition of The Ergo Baby Carrier, Inc., (“Ergobaby” or the “Company”) from Compass Diversified (NYSE: CODI). Founded in 2003 and headquartered in Los Angeles, California, Ergobaby is the global market leader in premium baby carriers. The Company’s ergonomically designed products provide the ultimate in comfort and ergonomics for both the baby and the caregiver. Through its global workforce of 170 employees, Ergobaby reaches customers across more than 1,800 retail doors and maintains distribution in over 75 countries.

Ergobaby’s premium brand portfolio includes three distinct market leaders:

  • Ergobaby: The flagship brand that has become synonymous with premium baby carriers;
  • Tula: Known for functional carriers featuring expressive prints, inclusive sizing, and artisan craftsmanship; and
    Belly Bandit: A solutions-focused maternity and postpartum brand providing solutions during pregnancy, post-partum recovery and while nursing.

The Company’s comprehensive product line includes ergonomically designed baby carriers, wraps, strollers, bouncers, highchairs, maternity and post-partum support bands and apparel, and feeding, sleep and nursing accessories. The Company’s product line is designed to support parents and babies through every stage of pregnancy and early development.

Jeff L. Hull, President and CEO of Highlander Partners commented, “This acquisition further emphasizes Highlander’s focus on investing in category-leading branded consumer product companies. As the #1 baby carrier brand globally, Ergobaby has tremendous growth opportunities driven by product innovation, market expansion and increased consumer awareness. In addition, we have a strong track record of implementing a “buy and build” approach with our investments and we see significant M&A opportunities that would complement Ergobaby’s parenting solutions portfolio and business strategy to better serve its customers in the broader juvenile products market.”

Jason Frame, CEO of Ergobaby, added, “We are excited about the new partnership with Highlander and will benefit from their expertise within branded consumer products. The management team is energized, and our pipeline is full of new opportunities. Our brands enjoy exceptional consumer awareness, and we are well positioned to continue our historical success in the foreseeable future.”

Robert W. Baird & Co acted as exclusive financial advisor and Gibson, Dunn & Crutcher LLP acted as legal counsel to CODI. Katten Muchin Rosenman LLP acted as legal counsel to Highlander.

About Ergobaby
Founded by a mother in 2003, Ergobaby was built with the belief that there’s magic in every little parenting triumph, even during the not-so-joyful jobs of raising your little one. Through award-winning baby carriers, strollers, bouncers, and more, Ergobaby is committed to providing parents with the foundation to thrive with products that are engineered for comfort and ease. For more information visit www.ergobaby.com.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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Highlander Partners Announces the Sale of McIntosh Group to Bose Corporation https://highlander-partners.com/news-posts/highlander-partners-announces-the-sale-of-mcintosh-group-to-bose-corporation/ https://highlander-partners.com/news-posts/highlander-partners-announces-the-sale-of-mcintosh-group-to-bose-corporation/#respond Tue, 19 Nov 2024 16:42:32 +0000 https://highlander-partners.com/?p=5184 read full story

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November 19, 2024Dallas, TX – Highlander Partners, L.P. (“Highlander”), a Dallas-based private investment firm, today announced the sale of its portfolio company, McIntosh Group (“The Group” or “the Company”) to Bose Corporation (“Bose”).

Highlander acquired the Company in June 2022. McIntosh Group is the parent company of the iconic high-performance and luxury audio brands, McIntosh and Sonus faber. McIntosh, headquartered in Binghamton, New York, was founded in 1949, while Sonus faber, founded in 1983, is headquartered in Vicenza, Italy. The transaction was consummated on November 15, 2024.

The McIntosh Group has been a global leader in high-end audio equipment for decades and today manufactures the world’s finest amplifiers, speakers, turntables and other audio products under several renowned brands that include McIntosh, Sonus faber and Sumiko Phono Cartridges. They are driven by their dedication to quality performance, sophisticated technology, refined design, and artisan manufacturing, and that’s resulted in delivering products known for incomparable design, product quality and consumer experiences.

Jeff L. Hull, President and CEO of Highlander Partners commented, “McIntosh is a legendary American brand, and Sonus faber is the definition of fine art in the audio world. We are honored to have been stewards of these businesses. We are proud of what we accomplished and believe McIntosh and Sonus faber have tremendous growth potential. We are excited to watch these brands reach new heights under Bose’s ownership.”

Hull added, “I would like to thank Dan Pidgeon (CEO, McIntosh Group) and Charlie Randall (President, McIntosh), and the entire team for being incredible partners over our ownership period. Their leadership has allowed the Company to continue to flourish and I wish all of them the best in their next phase of success.”

Katten acted as Highlander’s legal counsel in connection with the transaction and Adacta served as legal and tax advisors in Italy.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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SFERRA, a Portfolio Company of Highlander Partners, Acquires Antica Farmacista https://highlander-partners.com/uncategorized/sferra-a-portfolio-company-of-highlander-partners-acquires-antica-farmacista/ https://highlander-partners.com/uncategorized/sferra-a-portfolio-company-of-highlander-partners-acquires-antica-farmacista/#respond Fri, 30 Aug 2024 16:17:19 +0000 https://highlander-partners.com/?p=5172 read full story

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August 30, 2024Dallas, TX – SFERRA Fine Linens, a leading multi-branded luxury linens and home lifestyle holding company, operating under the SFERRA and Pratesi brands, owned by Highlander Partners, today announced the acquisition of Antica Farmacista. Antica Farmacista, founded in 2003, is a luxury home and body fragrance brand with an Italian ethos. It was the first brand to introduce the home ambiance diffuser to the US market. Antica Farmacista sells its products nationwide through multiple channels, including e-commerce, boutiques and department stores, and its offerings are also displayed in some of the world’s most beautiful hotels, including Hotel Bel-Air and Ritz-Carltons. Antica Farmacista’s operations will continue to be conducted from Seattle, Washington, and its employees, including founders Shelley Callaghan and Susanne Pruitt, will join the SFERRA team.

The transaction supports SFERRA’s stated strategic objective of delivering fine craftsmanship and innovation into every room of the home and further expanding into adjacent product segments via selective brand acquisition to enhance its offering to better serve its global base of loyal, discerning customers.

“We believe the addition of Antica Farmacista is highly strategic and complementary to SFERRA’s existing luxury home offerings,” said Michelle Klein, President and CEO of SFERRA. “The acquisition will enhance SFERRA’s breadth in the home fragrance category and strengthen our offering across all channels to better serve our customer base. We are excited to work with Antica Farmacista co-owners Shelley Callaghan and Susanne Pruitt and their team to continue to innovate and grow the business.”

Jeff L. Hull, President and CEO of Highlander, and Chairman of SFERRA, commented, “The acquisition of Antica Farmacista reiterates Highlander’s focus on our Italian luxury branded platform strategy, representing an opportunity for us to acquire a complementary, established luxury brand in the innovative and fast-growing home fragrance category with a differentiated product offering and artfully composed fragrances. We will continue to grow our offerings and reach under the SFERRA, Pratesi and Antica Farmacista brands and will continue to implement a selective “buy-and-build” investment approach through complementary M&A efforts in the luxury home goods category.”

About SFERRA
SFERRA is an Italian luxury lifestyle brand established in 1891 by founder Gennaro Sferra, who created the brand dedicated to impeccable artistry and tailoring. Most recently, in addition to luxury bedding products and accessories, the company has expanded its offerings to include mattresses, accessories for the table, and home and décor gifts. SFERRA’s products are found in major department stores, more than 700 luxury specialty home stores, and boutique hotels and resorts. For more information on SFERRA, please visit sferra.com.

About Pratesi
Pratesi, founded in 1906 in Florence, Italy, is renowned for its unwavering commitment to craftsmanship, iconic elegance, and linens that embody Italian luxury living. For more information on Pratesi, please visit pratesi.com.

About Antica Farmacista
Antica Farmacista, founded in 2003, is a luxury home fragrance brand based in Seattle. Its product offering includes both home fragrance, as well as bath and body products. The Company produces reed and crystal diffusers, room sprays, candles, decorative accessories, and body washes/lotions and perfumes in a variety of fragrances. For more information on Antica Farmacista, please visit anticafarmacista.com.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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High Point Aerotechnologies, a Highlander Partners Portfolio Company, Announces the Acquisition of Flex Force Enterprises https://highlander-partners.com/news-posts/high-point-aerotechnologies-a-highlander-partners-portfolio-company-announces-the-acquisition-of-flex-force-enterprises/ https://highlander-partners.com/news-posts/high-point-aerotechnologies-a-highlander-partners-portfolio-company-announces-the-acquisition-of-flex-force-enterprises/#respond Tue, 20 Feb 2024 16:37:54 +0000 https://highlander-partners.com/?p=5152 read full story

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Flex Force represents Highlander’s third acquisition in the counter-UAS technologies space and adds a unique and proven portable drone defense capability to High Point Aerotechnologies.

February 20, 2024Boise, ID – High Point Aerotechnologies (“High Point”), a portfolio company of Highlander Partners, today announced the acquisition of Portland, Oregon-based Flex Force Enterprises (“Flex Force”). Flex Force is a pioneer in drone defeat and countermeasure technologies and makes the widely known Dronebuster counter-unmanned aircraft system (c-UAS) jammer. This strategic acquisition expands High Point’s extensive arsenal of drone mitigation solutions and reinforces its position at the forefront of the rapidly growing drone security market.

Since 2016, Flex Force has delivered innovative drone defense and remote and stabilized weapons solutions for governments around the world. Its novel technologies in robotics, signal processing, and software are used by law enforcement agencies, military organizations, and private security companies globally. The Dronebuster – a compact, lightweight and cost-effective counter-drone tool – is the most widely deployed handheld system in the world and adds another configuration to High Point’s robust product family.

“The acquisition of Flex Force underscores our unwavering commitment to empowering our clients with the full array of cutting-edge technologies, ensuring they defend with confidence,” stated Al White, CEO of High Point. “A variety of layered defense solutions is required to address the drone threats of today and tomorrow, and I am looking forward to what our teams will build together.”

“We are incredibly excited to join forces with High Point,” said Jacob Sullivan, Flex Force Founder and CEO. “U.S. and allied governments have deployed our solutions around the globe for years to defend their most critical assets. As the threat posed by drones expands beyond armed conflict, we look forward to continuing to develop cost-effective and innovative solutions for our partners.”

Ben Slater, Chairman of High Point Aerotechnologies commented, “This acquisition demonstrates our continued commitment to developing a leading presence across the UAS and c-UAS markets. Flex Force, with its highly innovative approach to drone defense and strong partnerships across the military and security industries, will be a key asset to our efforts for years to come.”

Slater added, “As the global field of defense technology continues to accelerate rapidly, we are committed to advancing the capabilities of the United States and its allies with a focus on interoperable, attritable solutions and scaled manufacturing across a growing offering of UAS, c-UAS and software/AI products.”

About High Point Aerotechnologies
High Point Aerotechnologies is a global leader in counter-uncrewed autonomous systems (CUxS) solution development across air, land, and maritime domains. Its innovative physical solutions and DefenseOS open architecture software environment enable operations at machine speed to detect, identify, track and defeat UAS and other conventional and autonomous threats. High Point offers an array of integrated, interoperable solutions to provide fixed, mobile, and distributed CUxS capabilities for civilian, military and critical infrastructure clients. High Point has active solutions deployed in more than 15 countries worldwide. Learn more at highpointaerotech.com.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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Highlander Partners Announces Sale of Its Portfolio Company, FDL, to ADM https://highlander-partners.com/news-posts/highlander-partners-announces-sale-of-its-portfolio-company-fdl-to-adm/ https://highlander-partners.com/news-posts/highlander-partners-announces-sale-of-its-portfolio-company-fdl-to-adm/#respond Mon, 19 Feb 2024 06:31:06 +0000 https://highlander-partners.com/?p=5148 read full story

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February 19, 2024 – Dallas, TX – Fuerst Day Lawson Limited (“FDL”), a portfolio company of Highlander Partners, L.P., completed the previously announced sale to ADM (NYSE: ADM), a premier global human and animal nutrition company. FDL, founded in 1884 and headquartered in London, is a leading ingredient solutions provider, specialized in the rapid development, formulation and manufacture of natural taste and nutrition solutions for applications across multiple product types and global end-markets. It offers custom flavors, syrups and sauces, fruit preps, juices and juice blends, botanical extracts, bakery ingredients, energy and fortification blends and aroma chemicals, backed by deep applications development expertise. FDL serves a global customer base with a presence in Europe, US, and Asia.

Founded in 1902, ADM today is one of the world’s largest agricultural supply chain managers and a premier human and animal nutrition provider, offering an unparalleled pantry of ingredients and solutions to meet customer needs for taste, texture, nutrition, and functionality.

Jeff L. Hull, President and CEO of Highlander and FDL board member, stated, “We believe that we accomplished an enormous amount during our ownership tenure and are very happy to see the FDL team become part of ADM, as the combination is a perfect fit and will allow this business to reach another level.”

Rothschild & Co. served as financial advisor and DLA Piper UK LLP as legal counsel for FDL.

About Fuerst Day Lawson (FDL)
FDL, founded in 1884 and headquartered in London, UK, is a formulator, developer and manufacturer of proprietary taste and nutrition ingredient solutions serving food, beverage, confections and other consumer markets. It offers custom flavors, syrups and sauces, fruit preps, juices and juice blends, botanical extracts, bakery ingredients, energy and fortification blends and aroma chemicals, backed by deep applications development expertise. FDL serves a global customer base with operations in Europe, US and Asia. For more information about FDL, please visit www.fdlworld.com.

About Highlander Partners
HHighlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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FDL, a Portfolio Company of Highlander Partners, Enters into Definitive Agreement to Be Acquired By ADM https://highlander-partners.com/uncategorized/fdl-a-portfolio-company-of-highlander-partners-enters-into-definitive-agreement-to-be-acquired-by-adm/ https://highlander-partners.com/uncategorized/fdl-a-portfolio-company-of-highlander-partners-enters-into-definitive-agreement-to-be-acquired-by-adm/#respond Tue, 19 Dec 2023 06:38:34 +0000 https://highlander-partners.com/?p=5120 read full story

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December 19, 2023 – Dallas, TX – Fuerst Day Lawson Limited (“FDL”), a portfolio company of Highlander Partners, L.P., announced today that the Company has entered into a definitive agreement to sell all of its outstanding shares to ADM (NYSE: ADM), a premier global human and animal nutrition company. FDL, founded in 1884 and headquartered in London, is a leading ingredient solutions provider, specialized in the rapid development, formulation and manufacture of natural taste and nutrition solutions for applications across multiple product types and global end-markets. It offers custom flavors, syrups and sauces, fruit preps, juices and juice blends, botanical extracts, bakery ingredients, energy and fortification blends and aroma chemicals, backed by deep applications development expertise. FDL serves a global customer base with a presence in Europe, US, and Asia. The transaction is subject to customary closing conditions.

Founded in 1902, ADM today is one of the world’s largest agricultural supply chain managers and a premier human and animal nutrition provider, offering an unparalleled pantry of ingredients and solutions to meet customer needs for taste, texture, nutrition and functionality. Over recent years, ADM has significantly expanded its flavors capabilities, starting with the acquisition of WILD Flavors in 2014. Since then, ADM has added multiple new offerings to its flavors portfolio through acquisitions, including savory via Eatem Foods; citrus via Florida Chemical Company and Erich Ziegler Citrus; and vanilla via Rodelle. The company has also expanded its flavors capabilities globally with acquisitions like Flavor Infusion South America, organic investments like its Pinghu, China flavor production facility and the expansion of its Berlin flavor facility, and its growing network of innovation centers spanning Europe, Asia, Latin America, and North America.

Eric Beatty, CEO of FDL, said, “We are excited to enter into this agreement with ADM. They’re an ideal partner for us, with global nutrition and flavor capabilities that will provide new opportunities to strengthen FDL’s portfolio of taste and nutrition solutions. In turn, the FDL team looks forward to helping add to ADM’s broad offerings with our diverse portfolio of flavor and functional ingredient systems, IP, and capabilities, as well as the entrepreneurial spirit and innovativeness of human talent that has enabled FDL to become a differentiated market leader today. ADM is synonymous with the best in animal and human nutrition, and together, we look forward to delivering new and innovative ingredient solutions to our global customer base in the food and beverage industry.”

Jeff L. Hull, President and CEO of Highlander and FDL board member, stated, “In 2016, we started with an investment thesis of leveraging FDL’s deep applications development expertise and set out to build a company with a great team and scaled manufacturing capabilities around taste and nutrition solutions. We believe that has been accomplished, and we thank all the FDL employees for their hard work in advancing the Company. Eric and his team will be a great addition to ADM, and the combination will allow this business to go to the next level.”

Rothschild & Co. is serving as financial advisor and DLA Piper UK LLP as legal counsel for FDL.

About Fuerst Day Lawson (FDL)
FDL, founded in 1884 and headquartered in London, UK, is a formulator, developer and manufacturer of proprietary taste and nutrition ingredient solutions serving food, beverage, confections and other consumer markets. It offers custom flavors, syrups and sauces, fruit preps, juices and juice blends, botanical extracts, bakery ingredients, energy and fortification blends and aroma chemicals, backed by deep applications development expertise. FDL serves a global customer base with operations in Europe, US and Asia. For more information about FDL, please visit www.fdlworld.com.

About Highlander Partners
HHighlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. Additional information about Highlander at www.highlander-partners.com.

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ARES Acquires the Cardiology Activities of Monza Hospital; Announces the Formation of MONZA-ARES Group https://highlander-partners.com/uncategorized/ares-acquires-the-cardiology-activities-of-monza-hospital-announces-the-formation-of-monza-ares-group/ https://highlander-partners.com/uncategorized/ares-acquires-the-cardiology-activities-of-monza-hospital-announces-the-formation-of-monza-ares-group/#respond Thu, 14 Dec 2023 22:00:45 +0000 https://highlander-partners.com/?p=5118 read full story

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With this transaction ARES inherits the largest private surgery hospital in Romania and establishes MONZA-ARES Group as Romania’s leader in private cardiology provider

December 14, 2023Bucharest, Romania – ARES Group, a Highlander Partners portfolio company, announces the completion of a transaction to take over the cardiology activity of Monza Hospital in Bucharest from its current owner, Policlinicco di Monza. ARES will now own and operate the entire cardiovascular surgery and interventional cardiology departments of Monza Hospital. Concurrent with this transaction, Brain Hospital will take over the neurosurgery, ENT, orthopedy and other surgical departments of Monza Hospital.

With this transaction, Highlander announces the formation of MONZA-ARES Group (“MONZA-ARES”). Through aggressive expansion, MONZA-ARES Group has firmly established itself has a top provider of private medical services in Romania, with premier, innovative cardiology and interventional radiology solutions in 7 facilities in Bucharest, Cluj-Napoca, Pitesti, Constanta and Tulcea.

Established in 2012, Monza Hospital was built from the beginning as a complex cardiovascular and general surgery hospital, benefiting from the necessary space to accommodate the optimal medical flows for such interventions. Throughout a decade of activity, Monza Hospital has provided high-complexity medical services, within specialties such as cardiology, neurosurgery, orthopedics, ENT and other surgical specialties. Monza’s cardiology department has become renowned for its advanced capabilities and the quality of its medical team.
“In 2016, we became partners of Monza Hospital and together we developed a premium high-performance private cardiology network, providing solutions for all types of cardiovascular conditions. Monza and ARES serviced thousands of Romanian patients and became synonymous with innovation and excellence in cardiology” said Dr. Dan Deleanu, Coordinator of ARES Group’s interventional cardiology department.

“We are happy to further develop the cardiac center of Monza Hospital, addressing cardiovascular diseases in an integrated way, by uniting the Monza and Ares teams for the benefit of our patient. We can now reach more patients throughout the country, through ARES national network” said Dr. Theodor Cebotaru, Head of the cardiovascular surgery section in Monza Hospital.
”We stand before a natural takeover of the activity of Monza Hospital by our partners ARES and Brain Hospital, who will ensure the development of the hospital and center its activity on complex surgery, the main differentiator of the Hospital in the private market in Romania. The Monza, ARES and Brain teams have already been working together for many years and we are confident that this ecosystem will continue to work very well to offer patients innovative solutions to solve complex conditions” said Luca Militello, CEO of Policlinico di Monza.
Dr. Adrian Stroilescu, Managing Director of Highlander Partners, commented “this acquisition confirms ARES’ position as the leading private provider of cardiology services in Romania. Monza is a renowned healthcare provider in Romania and is known for its excellence in cardiology. We are proud to own this unique business and partner with each of its highly skilled doctors and employees. Our newly formed platform, MONZA-ARES Group, will continue to grow throughout Romania with the goal of providing Romanians the highest quality healthcare possible.”

About ARES
ARES Group is a top provider of private medical services in Romania, offering innovative therapeutic solutions in cardiology and interventional radiology. ARES currently owns 10 Cath labs in Bucharest, Cluj-Napoca, Pitesti, Constanța and Tulcea and 3 multidisciplinary clinics, specialized in cardiology, in Cluj-Napoca. ARES’s mission in Romania is to provide access to innovative treatments that preserve bodily integrity, with an emphasis on cardiology. In the spirit of this mission, ARES medical team has performed 18 national medical premieres. Since 2019, ARES is majority owned by the American investment fund Highlander Partners. For more information, visit www.centrele-ares.ro.

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. For more information, visit www.highlander-partners.com.

About Brain Hospital
Up to now, around 2000 neurosurgery interventions, ENT, many of them with a high degree of difficulty, have been carried out annually at the Brain Hospital, performed in multidisciplinary teams of highly specialized surgeons. Doctors trained both in Romania and abroad, with extensive professional experience, passionate about their job and united around common values related to the way the patient should be treated and cared for, will continue to offer high-performance medical services at the Monza Hospital in the future.

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