Graycliff Partners LP has acquired Lakeville, New York-based Sweeteners Plus, a maker of essential liquid and dry sweeteners for quick service restaurant, specialty beverage, bakery, confectionery and pharmaceutical customers. No financial terms were disclosed.
PRESS RELEASE
NEW YORK, May 14, 2019 – Graycliff Partners LP is pleased to announce it has completed the acquisition of Sweeteners Plus, Inc. (“Sweeteners”), a manufacturer and distributor of essential liquid and dry sweeteners for quick service restaurant, specialty beverage, bakery, confectionery, and pharmaceutical customers, among others. Based in Lakeville NY, Sweeteners processes bulk sugar into a diverse range of products including bagged white and brown sugars, organic products, liquid sucrose, and corn syrups. Direct access to long-haul rail lines and a company-owned fleet of trucks enable Sweeteners to provide quick and efficient delivery to its customers.
About Graycliff Partners LP
Graycliff Partners is a private equity firm focused on making lower middle market investments. Through dedicated equity and credit funds, Graycliff seeks to invest in companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion. For more information about Graycliff Partners visit www.graycliffpartners.com.
Source: https://www.pehub.com/2019/05/graycliff-acquires-sweeteners-plus/
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