Announced
Synopsis
Warburg Pincus, a private equity firm, agreed to acquire FlavorSum, a provider of natural flavor solutions for food & beverage companies, from The Riverside Company, a provider of private equity investment services. Financial terms were not disclosed. "We are proud of the team and the pure-play flavor platform we built during our partnership with Riverside. Over Riverside's investment period, FlavorSum acquired and fully integrated four complementary add-on acquisitions, completed a 35k sq. ft. facility expansion, and invested strategically in R&D, applications, and sales and marketing. Our solutions model drives industry-leading organic growth, and we have become the "Acquirer of Choice" through our acquisition and integration strategies and success. We look forward to building upon this foundation and driving future growth with our new partners at Warburg Pincus," Brian Briggs, FlavorSum CEO.
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