Palladium Equity Partners-backed GoodWest to acquire Skinny Mixes.

Palladium Equity Partners-backed GoodWest Industries, a national provider of coffee condiments and an innovator in the rapidly growing iced coffee and cold brew product segments, has acquired Skinny Mixes, a branded provider of low-calorie coffee syrups and flavourings, whipped foam toppings and beverage mixes. Financial terms were not disclosed. GoodWest Industries received a significant investment from Palladium Equity, a private investment firm with approximately $3.2bn in assets under management, in 2015 in partnership with company management. "We look forward to broadening GoodWest's beverage platform with existing and new Skinny Mixes products, including new coffee condiments, and investing further in product development. Jordan, the founder of Skinny Mixes, is a passionate innovator, and we welcome her leadership and insights as we offer our convenience, foodservice and other customers a range of premium, authentic beverages, mixes and syrups. Skinny Mixes is the perfect complement to our existing product portfolio of coffee creamers, and enhancements, and speciality cold coffees." Rick Lawlor, CEO GoodWest.