Prairie Farms Dairy Acquires SmithFoods

Worldwide Produce Acquires Valley Food Services

June 15, 2022

Food & Beverage

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Valley Food Services, a fresh produce and dairy distributor serving the Coachella Valley. The add-on expands Worldwide Produce's presence in the Coachella Valley and complements its West Coast distribution network; terms were not disclosed.

Barkley Acquires Smiths Agency to Deepen Food & Beverage Expertise

September 12, 2022

Marketing & Advertising

Barkley, an independent creative agency based in Kansas City, acquired Pittsburgh-based Smiths Agency, a 45-person marketing firm focused on food and beverage brands. The deal brings Smiths into the Barkley brand to expand Barkley's capabilities and client roster in the food & beverage category and strengthen its mid-Atlantic team.

Smithfield Foods Acquires Nathan's Famous for $450 Million

January 21, 2026

Food & Beverage

Smithfield Foods agreed to acquire Nathan's Famous in an all-cash deal valued at approximately $450 million under a definitive merger agreement. Smithfield will purchase all outstanding shares of Nathan's Famous for $102.00 per share, with closing expected in the first half of 2026, subject to customary approvals and conditions.

Pritzker Private Capital Acquires Sugar Foods Corporation

October 3, 2023

Food & Beverage

Pritzker Private Capital has acquired Sugar Foods Corporation, a Westlake Village, California-based food manufacturer known for crunchy toppings, croutons, pizza toppings and beverage ingredients. PPC will partner with Sugar Foods' existing management to support product innovation, customer expansion and strategic add-on acquisitions while providing capital and industry expertise to accelerate growth.

Borgman Capital Acquires Dairyfood USA as Add-on to Gilman Cheese

May 31, 2022

Food & Beverage

Milwaukee private equity firm Borgman Capital completed the add-on acquisition of Dairyfood USA, a specialty extended shelf-life cheese processor headquartered in Blue Mounds, Wisconsin. The acquisition will be integrated with Borgman’s platform company Gilman Cheese Corporation to expand product mix, increase production capacity and realize synergies across retail, foodservice and transportation customers.

Global Eggs Acquires Pearl Valley Farms

April 2, 2026

Food & Beverage

Global Eggs, a leading global egg producer and distributor, is acquiring Pearl Valley Farms, a second-generation, family-owned egg producer. D.A. Davidson served as the exclusive sell-side financial advisor to Pearl Valley Farms in the transaction.