CapVest Partners, a private equity firm, completed the acquisition of Second Nature Brands, a creator of snacks and treats, from Palladium Equity Partners, a private equity firm with over $3bn in assets under management. Financial terms were not disclosed. "We are very proud of the results that have been achieved at Second Nature Brands. Nick Nicolay, Vic Mehren, and the entire team have been outstanding partners throughout our ownership, and have grown the business into a true leader that we believe is well positioned for its next chapter of growth," Alex Funk, Palladium Principal.