SAUGET, ILL. — Kingswood Capitol Management LLP, Los Angeles, has acquired Branding Iron Holdings, a processor of branded and private label value-added meats. Terms of the acquisition were not disclosed.
The acquisition includes three manufacturing plants in Sauget; Rochester, Minn.; and Sauk Rapids, Minn. Once the transaction is closed, Andy Touchette will be promoted from chief operating officer of Branding Iron to chief executive officer.
“We are honored to be a part of the long and storied history of Branding Iron and its associated brands,” said Andrew Kovach, managing director of Kingswood. “We firmly believe in the company’s quality, customer relationships and strong manufacturing capabilities.”
Kingswood is a middle market private equity investor. The market sectors it focuses on are consumer, distribution, industrials and services. G Fuel is another food and beverage-related company in the firm’s current portfolio as well as Patco Products, a developer and manufacturer of emulsifiers.