bool(true)

object(WP_Post)#3852 (24) {
  ["ID"]=>
  int(23070)
  ["post_author"]=>
  string(1) "1"
  ["post_date"]=>
  string(19) "2026-09-01 01:10:00"
  ["post_date_gmt"]=>
  string(19) "2026-09-01 08:10:00"
  ["post_content"]=>
  string(2318) "
Cascadia Capital has published its 2026 Ingredients Market Report, covering where capital is concentrating across the ingredients value chain and what’s driving valuation in today’s market.



The report draws on Cascadia’s recent transaction experience and perspective from the deal table, alongside current public market and M&A activity.



Inside the Report




Cascadia’s perspective from the deal table. We’ve closed six transactions across the ingredients value chain in the last two years, four of them cross-border, giving us direct insight into the value drivers North American and global buyers are rewarding.





The themes defining ingredients M&A in 2026. Strategic and financial buyers are converging on the parts of the value chain that are hardest to replicate. We explore four areas attracting particular interest: proprietary flavor and fragrance creation, clinically substantiated ingredients, global sourcing expertise, and the growing importance of CDMOs as brands increasingly outsource development.





Public comparables and M&A activity. The report includes updated trading performance across specialty ingredient, flavor & fragrance, and primary processing peer sets, along with a review of recent strategic and sponsor transactions.




To receive a copy of the report, please reach out to George Sent or Tyler Howard. We also welcome the opportunity to connect and exchange perspectives on what we’re seeing in the market, including in person at SupplySide Global in October or PLMA in November.
"
  ["post_title"]=>
  string(44) "Ingredients Industry Update - September 2026"
  ["post_excerpt"]=>
  string(0) ""
  ["post_status"]=>
  string(7) "publish"
  ["comment_status"]=>
  string(6) "closed"
  ["ping_status"]=>
  string(6) "closed"
  ["post_password"]=>
  string(0) ""
  ["post_name"]=>
  string(15) "ingredients2026"
  ["to_ping"]=>
  string(0) ""
  ["pinged"]=>
  string(0) ""
  ["post_modified"]=>
  string(19) "2026-08-31 13:10:47"
  ["post_modified_gmt"]=>
  string(19) "2026-08-31 20:10:47"
  ["post_content_filtered"]=>
  string(0) ""
  ["post_parent"]=>
  int(0)
  ["guid"]=>
  string(60) "https://www.cascadiacapital.com/?post_type=news&p=23070"
  ["menu_order"]=>
  int(0)
  ["post_type"]=>
  string(4) "news"
  ["post_mime_type"]=>
  string(0) ""
  ["comment_count"]=>
  string(1) "0"
  ["filter"]=>
  string(3) "raw"
}

object(WP_Query)#1896 (57) {
  ["query"]=>
  array(1) {
    ["industry-categories"]=>
    string(30) "food-beverage-and-agribusiness"
  }
  ["query_vars"]=>
  array(68) {
    ["industry-categories"]=>
    string(30) "food-beverage-and-agribusiness"
    ["error"]=>
    string(0) ""
    ["m"]=>
    string(0) ""
    ["p"]=>
    int(0)
    ["post_parent"]=>
    string(0) ""
    ["subpost"]=>
    string(0) ""
    ["subpost_id"]=>
    string(0) ""
    ["attachment"]=>
    string(0) ""
    ["attachment_id"]=>
    int(0)
    ["name"]=>
    string(0) ""
    ["pagename"]=>
    string(0) ""
    ["page_id"]=>
    int(0)
    ["second"]=>
    string(0) ""
    ["minute"]=>
    string(0) ""
    ["hour"]=>
    string(0) ""
    ["day"]=>
    int(0)
    ["monthnum"]=>
    int(0)
    ["year"]=>
    int(0)
    ["w"]=>
    int(0)
    ["category_name"]=>
    string(0) ""
    ["tag"]=>
    string(0) ""
    ["cat"]=>
    string(0) ""
    ["tag_id"]=>
    string(0) ""
    ["author"]=>
    string(0) ""
    ["author_name"]=>
    string(0) ""
    ["feed"]=>
    string(0) ""
    ["tb"]=>
    string(0) ""
    ["paged"]=>
    int(0)
    ["meta_key"]=>
    string(0) ""
    ["meta_value"]=>
    string(0) ""
    ["preview"]=>
    string(0) ""
    ["s"]=>
    string(0) ""
    ["sentence"]=>
    string(0) ""
    ["title"]=>
    string(0) ""
    ["fields"]=>
    string(3) "all"
    ["menu_order"]=>
    string(0) ""
    ["embed"]=>
    string(0) ""
    ["category__in"]=>
    array(0) {
    }
    ["category__not_in"]=>
    array(0) {
    }
    ["category__and"]=>
    array(0) {
    }
    ["post__in"]=>
    array(0) {
    }
    ["post__not_in"]=>
    array(0) {
    }
    ["post_name__in"]=>
    array(0) {
    }
    ["tag__in"]=>
    array(0) {
    }
    ["tag__not_in"]=>
    array(0) {
    }
    ["tag__and"]=>
    array(0) {
    }
    ["tag_slug__in"]=>
    array(0) {
    }
    ["tag_slug__and"]=>
    array(0) {
    }
    ["post_parent__in"]=>
    array(0) {
    }
    ["post_parent__not_in"]=>
    array(0) {
    }
    ["author__in"]=>
    array(0) {
    }
    ["author__not_in"]=>
    array(0) {
    }
    ["search_columns"]=>
    array(0) {
    }
    ["ignore_sticky_posts"]=>
    bool(false)
    ["suppress_filters"]=>
    bool(false)
    ["cache_results"]=>
    bool(true)
    ["update_post_term_cache"]=>
    bool(true)
    ["update_menu_item_cache"]=>
    bool(false)
    ["lazy_load_term_meta"]=>
    bool(true)
    ["update_post_meta_cache"]=>
    bool(true)
    ["post_type"]=>
    string(0) ""
    ["posts_per_page"]=>
    int(20)
    ["nopaging"]=>
    bool(false)
    ["comments_per_page"]=>
    string(2) "50"
    ["no_found_rows"]=>
    bool(false)
    ["taxonomy"]=>
    string(19) "industry-categories"
    ["term"]=>
    string(30) "food-beverage-and-agribusiness"
    ["order"]=>
    string(4) "DESC"
  }
  ["tax_query"]=>
  object(WP_Tax_Query)#3849 (6) {
    ["queries"]=>
    array(1) {
      [0]=>
      array(5) {
        ["taxonomy"]=>
        string(19) "industry-categories"
        ["terms"]=>
        array(1) {
          [0]=>
          string(30) "food-beverage-and-agribusiness"
        }
        ["field"]=>
        string(4) "slug"
        ["operator"]=>
        string(2) "IN"
        ["include_children"]=>
        bool(true)
      }
    }
    ["relation"]=>
    string(3) "AND"
    ["table_aliases":protected]=>
    array(1) {
      [0]=>
      string(23) "cscd_term_relationships"
    }
    ["queried_terms"]=>
    array(1) {
      ["industry-categories"]=>
      array(2) {
        ["terms"]=>
        array(1) {
          [0]=>
          string(30) "food-beverage-and-agribusiness"
        }
        ["field"]=>
        string(4) "slug"
      }
    }
    ["primary_table"]=>
    string(10) "cscd_posts"
    ["primary_id_column"]=>
    string(2) "ID"
  }
  ["meta_query"]=>
  object(WP_Meta_Query)#3848 (9) {
    ["queries"]=>
    array(0) {
    }
    ["relation"]=>
    NULL
    ["meta_table"]=>
    NULL
    ["meta_id_column"]=>
    NULL
    ["primary_table"]=>
    NULL
    ["primary_id_column"]=>
    NULL
    ["table_aliases":protected]=>
    array(0) {
    }
    ["clauses":protected]=>
    array(0) {
    }
    ["has_or_relation":protected]=>
    bool(false)
  }
  ["date_query"]=>
  bool(false)
  ["queried_object"]=>
  object(WP_Term)#4459 (11) {
    ["term_id"]=>
    int(98)
    ["name"]=>
    string(33) "Food, Beverage & Agribusiness"
    ["slug"]=>
    string(30) "food-beverage-and-agribusiness"
    ["term_group"]=>
    int(0)
    ["term_taxonomy_id"]=>
    int(98)
    ["taxonomy"]=>
    string(19) "industry-categories"
    ["description"]=>
    string(0) ""
    ["parent"]=>
    int(0)
    ["count"]=>
    int(331)
    ["filter"]=>
    string(3) "raw"
    ["term_order"]=>
    string(1) "6"
  }
  ["queried_object_id"]=>
  int(98)
  ["request"]=>
  string(1185) "SELECT SQL_CALC_FOUND_ROWS  cscd_posts.ID
					 FROM cscd_posts  LEFT JOIN cscd_term_relationships ON (cscd_posts.ID = cscd_term_relationships.object_id)
					 WHERE 1=1  AND ( 
  cscd_term_relationships.term_taxonomy_id IN (98)
) AND ((cscd_posts.post_type = 'case-studies' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'events' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'in-the-news' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'industries' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'news' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'team' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')) OR (cscd_posts.post_type = 'transactions' AND (cscd_posts.post_status = 'publish' OR cscd_posts.post_status = 'acf-disabled')))
					 GROUP BY cscd_posts.ID
					 ORDER BY cscd_posts.post_date DESC
					 LIMIT 0, 20"
  ["posts"]=>
  &array(20) {
    [0]=>
    object(WP_Post)#3852 (24) {
      ["ID"]=>
      int(23070)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-09-01 01:10:00"
      ["post_date_gmt"]=>
      string(19) "2026-09-01 08:10:00"
      ["post_content"]=>
      string(2318) "
Cascadia Capital has published its 2026 Ingredients Market Report, covering where capital is concentrating across the ingredients value chain and what’s driving valuation in today’s market.



The report draws on Cascadia’s recent transaction experience and perspective from the deal table, alongside current public market and M&A activity.



Inside the Report




Cascadia’s perspective from the deal table. We’ve closed six transactions across the ingredients value chain in the last two years, four of them cross-border, giving us direct insight into the value drivers North American and global buyers are rewarding.





The themes defining ingredients M&A in 2026. Strategic and financial buyers are converging on the parts of the value chain that are hardest to replicate. We explore four areas attracting particular interest: proprietary flavor and fragrance creation, clinically substantiated ingredients, global sourcing expertise, and the growing importance of CDMOs as brands increasingly outsource development.





Public comparables and M&A activity. The report includes updated trading performance across specialty ingredient, flavor & fragrance, and primary processing peer sets, along with a review of recent strategic and sponsor transactions.




To receive a copy of the report, please reach out to George Sent or Tyler Howard. We also welcome the opportunity to connect and exchange perspectives on what we’re seeing in the market, including in person at SupplySide Global in October or PLMA in November.
"
      ["post_title"]=>
      string(44) "Ingredients Industry Update - September 2026"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(15) "ingredients2026"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-08-31 13:10:47"
      ["post_modified_gmt"]=>
      string(19) "2026-08-31 20:10:47"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=23070"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [1]=>
    object(WP_Post)#3856 (24) {
      ["ID"]=>
      int(23049)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-08-05 06:30:00"
      ["post_date_gmt"]=>
      string(19) "2026-08-05 13:30:00"
      ["post_content"]=>
      string(2035) "
Cascadia Capital, an investment bank serving middle-market companies, is pleased to announce that Frontenac, a Chicago-based private equity firm with a focus in the consumer, industrial, and services industries, has acquired NutriScience Innovations (“NutriScience” or the “Company”), a Connecticut-based specialty ingredients solution provider. This transaction marks a strategic milestone for Frontenac in the ingredients space and is representative of Cascadia’s deep sector expertise and advisory support.



NutriScience is a leading provider of science-backed ingredients to nutraceutical, functional food & beverage, and animal health customers. Refined with more than 20 years in business, the Company's science-driven product development model has established a strong reputation for delivering high-quality, innovative ingredients.



“Specialty ingredients remain one of the most active corners of the food and beverage landscape, and NutriScience is a great example of the kind of scaled, science-driven platform that continues to attract strategic and sponsor interest. This transaction reflects our ability to support clients like Frontenac with a differentiated approach to ingredients coverage,” commented George Sent, Cascadia Managing Director and Head of Food, Beverage, and Agribusiness.



"Frontenac continues to demonstrate a disciplined approach to building scaled platforms with strong management teams," added Scott Ames, Cascadia Managing Director and Head of Financial Sponsors. “We value the opportunity to support their growth strategy across the ingredients space.” The investment in NutriScience aligns with Frontenac’s continued focus in the broader consumer sector, joining other active portfolio companies including Monterey Bay Herb Co., CCI Prime, and Navis Food Partners.
"
      ["post_title"]=>
      string(61) "Cascadia Advises Frontenac on its Acquisition of NutriScience"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(61) "cascadia-advises-frontenac-on-its-acquisition-of-nutriscience"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-08-04 16:04:39"
      ["post_modified_gmt"]=>
      string(19) "2026-08-04 23:04:39"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=23049"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [2]=>
    object(WP_Post)#3847 (24) {
      ["ID"]=>
      int(23052)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-08-05 06:00:00"
      ["post_date_gmt"]=>
      string(19) "2026-08-05 13:00:00"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(24) "Frontenac / NutriScience"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(22) "frontenac-nutriscience"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-09-01 09:21:33"
      ["post_modified_gmt"]=>
      string(19) "2026-09-01 16:21:33"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=23052"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [3]=>
    object(WP_Post)#3850 (24) {
      ["ID"]=>
      int(23020)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-07-08 12:05:19"
      ["post_date_gmt"]=>
      string(19) "2026-07-08 19:05:19"
      ["post_content"]=>
      string(1175) "
This week, Cascadia Capital welcomed its Class of 2026 First-Year Analysts to the firm. It is a moment we look forward to each year: a new group of talented young professionals joining our team, ready to learn the craft of investment banking and contribute to the work we do for our clients.



Cascadia has always believed that the strongest working relationships start early. That belief shapes how we bring on and develop new talent, and it reflects who we are as a firm: independent, collaborative, and committed to growing careers from the ground up.



We are proud to invest in the next generation of bankers, and we look forward to the energy, curiosity, and hard work this class will bring to Cascadia in the years ahead.



Welcome to Cascadia.




"
      ["post_title"]=>
      string(42) "Cascadia Welcomes 2026 First-Year Analysts"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(42) "cascadia-welcomes-2026-first-year-analysts"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-07-08 12:05:37"
      ["post_modified_gmt"]=>
      string(19) "2026-07-08 19:05:37"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=23020"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [4]=>
    object(WP_Post)#3854 (24) {
      ["ID"]=>
      int(22980)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-06-16 06:05:00"
      ["post_date_gmt"]=>
      string(19) "2026-06-16 13:05:00"
      ["post_content"]=>
      string(2117) "
Cascadia Capital, an investment bank serving middle-market clients globally, is pleased to announce that Super-Sod (or the "Company"), a portfolio company of Heartwood Partners and a leading provider of premium sod, soil, seed, and complementary solutions for R&R-focused applications, has been acquired by Kainos Capital, a Dallas-based private equity firm.



This transaction reflects Cascadia’s deep expertise across the Food, Beverage, & Agriculture and Consumer industry groups and underscores the firm’s ability to work seamlessly with top-tier private equity firms on growth-oriented transactions.



Super-Sod is the industry standard for lawn care solutions, offering premium, certified sod, soil, and seed to a dedicated base of professional and DIY customers across the southern U.S. Driven by cutting edge technology, superior logistics capabilities, and a differentiated omnichannel approach, the Company continues to disrupt the fastest-growing, highest-margin segments of the market.



“Heartwood Partners is an experienced investor with a strong track record of partnering with management teams to drive long-term value creation,” said Scott Ames, Managing Director at Cascadia Capital. “We were pleased to advise Heartwood and the Super-Sod management team in bringing together partners aligned around the Company’s continued growth.”



“It was a pleasure to work with Heartwood Partners, and we appreciate the opportunity to play a role in this important transaction,” added George Sent, Head of Food, Beverage and Agriculture at Cascadia Capital.



The investment by Kainos Capital will further accelerate Super-Sod’s growth strategy, expand its geographic footprint, and utilize its strong retail presence to expand to new segments of the outdoor products market.
"
      ["post_title"]=>
      string(89) "Cascadia Capital Advises Super-Sod, a Leading Sod Platform, on its Sale to Kainos Capital"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(9) "super-sod"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-06-15 15:25:57"
      ["post_modified_gmt"]=>
      string(19) "2026-06-15 22:25:57"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22980"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [5]=>
    object(WP_Post)#3857 (24) {
      ["ID"]=>
      int(22953)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-06-09 08:43:29"
      ["post_date_gmt"]=>
      string(19) "2026-06-09 15:43:29"
      ["post_content"]=>
      string(1136) "
One of our favorite times of year is here.



We are thrilled to welcome our 2026 summer analysts to the Cascadia team. Over the summer, they will be jumping headfirst into real transactions, working alongside our deal teams, and getting a firsthand look at what makes Cascadia a different kind of investment bank.



At Cascadia, we genuinely invest in the folks who come through our doors, and we love watching them grow over the course of a summer. To our new summer analysts: we are glad you are here. We cannot wait to see what you bring to the team.




https://player.vimeo.com/video/1199567811?badge=0&autopause=0&player_id=0&app_id=58479

"
      ["post_title"]=>
      string(47) "Welcome 2026 Investment Banking Summer Analysts"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(47) "welcome-2026-investment-banking-summer-analysts"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-07-08 10:28:29"
      ["post_modified_gmt"]=>
      string(19) "2026-07-08 17:28:29"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22953"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [6]=>
    object(WP_Post)#3858 (24) {
      ["ID"]=>
      int(22823)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-05-11 10:40:18"
      ["post_date_gmt"]=>
      string(19) "2026-05-11 17:40:18"
      ["post_content"]=>
      string(3626) "
Cascadia Capital, an investment bank serving middle-market clients globally, is pleased to announce that Phoenix Flavors & Fragrances Inc. (“Phoenix” or the “Company”), a portfolio company of SK Capital Partners, LP and a developer and manufacturer of customized flavor and fragrance solutions, has been acquired by Turpaz Industries Ltd (TLV:TRPZ).



Phoenix, headquartered in Norwood, New Jersey, develops, manufactures, markets, and sells fragrance solutions used primarily in air care, personal care and home fragrance products, alongside flavors for the food and beverage industry, and serves a broad customer base of several hundred customers across the U.S. Over the past several years, Phoenix has expanded its footprint through complementary acquisitions, including Ascent Aromatics (2017), Creative Concepts (2018) and Innovative Fragrances (2022). Phoenix employs 76 people and currently operates three leased U.S. sites – a fragrance production facility in Norwood, New Jersey, a flavor production facility in South Bend, Indiana, and an advanced R&D center in Red Bank, New Jersey with strong development capabilities. Phoenix's existing management team is expected to continue leading the business following completion of the acquisition.



Headquartered in Israel, Turpaz Industries Ltd. is an international company that develops, manufactures, and markets flavors, fragrances, and specialty fine ingredients, with a focus on natural, innovative, and high value-added products for the food, beverage, perfumery, and personal care industries.



The acquisition strengthens and expands Turpaz's footprint in North America and establishes a full-scale U.S. operational platform combining development, manufacturing, marketing and sales capabilities, expected to support Turpaz’s continued growth in the region. Phoenix integrates directly with Turpaz's existing U.S. fragrance operations under Klabin, which Turpaz acquired in 2022. Turpaz expects to consolidate fragrance production by transferring Klabin's manufacturing into Phoenix's Norwood, New Jersey site, driving operational efficiencies, cost savings and an improved cost structure for Turpaz’s U.S. activities. The combined platform is also expected to expand Turpaz’s customer reach in the U.S. through cross-selling, broader product offerings and combined development and innovation capabilities.



“This transaction represents a significant milestone for Phoenix,” said JP Benveniste, Chief Executive Officer of Phoenix. “Our partnership with Turpaz reflects a strong alignment of values, complementary capabilities, and shared industry expertise, positioning us to enhance our offerings, deliver greater value to our customers, and drive continued growth and innovation. Cascadia was instrumental in guiding us through this process with thoughtful advice, deep industry knowledge, and steadfast support.”



“We are honored to have advised Phoenix and SK Capital on this important transaction," said George Sent, Managing Director at Cascadia Capital. “This deal underscores our deep expertise in the sector and our commitment to delivering optimal outcomes for our clients. Turpaz is an excellent partner for Phoenix, and we look forward to seeing the company continue to thrive under its new ownership.”
"
      ["post_title"]=>
      string(133) "Cascadia Capital Advises Phoenix Flavors & Fragrances, a Portfolio Company of SK Capital, on its Acquisition by Turpaz Industries"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(125) "cascadia-capital-advises-phoenix-flavors-fragrances-a-portfolio-company-of-sk-capital-on-its-acquisition-of-turpaz-industries"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-05-14 09:40:27"
      ["post_modified_gmt"]=>
      string(19) "2026-05-14 16:40:27"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22823"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [7]=>
    object(WP_Post)#3859 (24) {
      ["ID"]=>
      int(22817)
      ["post_author"]=>
      string(1) "5"
      ["post_date"]=>
      string(19) "2026-05-01 10:14:46"
      ["post_date_gmt"]=>
      string(19) "2026-05-01 17:14:46"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(65) "Phoenix Flavors & Fragrances / SK Capital / Turpaz Industries"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(55) "phoenix-flavors-fragrances-sk-capital-turpaz-industries"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-05-11 10:39:34"
      ["post_modified_gmt"]=>
      string(19) "2026-05-11 17:39:34"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22817"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [8]=>
    object(WP_Post)#3860 (24) {
      ["ID"]=>
      int(22634)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2026-02-04 12:47:11"
      ["post_date_gmt"]=>
      string(19) "2026-02-04 19:47:11"
      ["post_content"]=>
      string(2645) "
As part of our ongoing work with bakery manufacturers and investors, Cascadia Capital has developed a Bakery Industry Report examining the macroeconomic, market, and M&A dynamics shaping the sector.



Please reach our to George Sent or Tyler Howard to receive a copy. 



The report is organized around four core areas:




Macroeconomic Factors Impacting the Food & Beverage Industry – While the industry continues to navigate labor availability, tariff volatility, and cautious consumer spending, easing commodity costs and ongoing category innovation are helping many manufacturers stabilize performance and reposition for future growth.





Key Market and Consumer Dynamics Impacting Bakery Manufacturers – The bakery sector is undergoing a structural realignment characterized by a shift away from undifferentiated mid-tier offerings, continued private label expansion, evolving consumer preferences toward health-conscious products, and the emerging impact of GLP-1 weight-loss medications on consumption patterns. The report also highlights opportunities for manufacturers that are adapting through innovation across ingredients, flavors, packaging, marketing, and manufacturing processes.





Bakery Valuations & M&A Environment – Publicly traded bakery and CPG companies are currently trading at discounts to historical averages amid volume weakness and margin compression. In response, many are pursuing cost-saving initiatives and strategic acquisitions to reposition portfolios and drive above-market growth. Despite the mixed backdrop, both strategic and financial buyers remain active in bakery M&A, supported by the sector’s fragmentation and the availability of attractive platforms and add ons. Differentiated, consumer relevant businesses that demonstrate clear value propositions, strong customer relationships, and resilient margin profiles continue to attract significant interest and competitive valuation outcomes.

"
      ["post_title"]=>
      string(27) "Bakery Manufacturing Report"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(24) "bakerymanufacturingfeb26"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-02-04 12:47:14"
      ["post_modified_gmt"]=>
      string(19) "2026-02-04 19:47:14"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22634"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [9]=>
    object(WP_Post)#3861 (24) {
      ["ID"]=>
      int(22369)
      ["post_author"]=>
      string(1) "6"
      ["post_date"]=>
      string(19) "2025-12-03 09:46:57"
      ["post_date_gmt"]=>
      string(19) "2025-12-03 16:46:57"
      ["post_content"]=>
      string(2245) "
Cascadia Capital is pleased to announce that Braemont Capital, a leading Dallas-based investment firm, has acquired Royal Cup, a premier beverage solutions provider that roasts, blends, and distributes coffees, teas, and allied products across the United States and Canada.



Cascadia’s buy-side advisory team supported Braemont Capital in the acquisition of Royal Cup, providing deep industry expertise and advisory support. Cascadia’s Capital Markets team arranged debt financing led by Main Street Capital, providing a flexible capital solution that supported the acquisition and positioned the business for continued growth under new ownership.



Founded in 1896 and headquartered in Birmingham, AL, Royal Cup manufactures and distributes high-quality coffee and tea in a variety of flavors and formats with distribution throughout the United States, Mexico and the Caribbean, serving customers in the food service, hospitality, office, and specialty coffee markets. It is the largest independent coffee roaster in the United States, serving ~25,000+ customers nationwide.



“Royal Cup is a tremendous, multi-generation business that leads across sectors of the coffee ecosystem,” said Erik Einwalter, Managing Director at Cascadia Capital. “It was an honor to help Braemont on the transaction, leveraging our deep expertise in coffee to provide diligence and strategy support.”



“We are proud to have supported Braemont in structuring a financing solution that enabled the platform acquisition of Royal Cup and establishes a strong foundation for its next phase,” added Tom Mills, Head of Capital Markets. “In close coordination with our Food & Beverage team, we brought together industry expertise and financing expertise to develop a structure aligned with Royal Cup’s long-term vision.”



Clark Hill PLC acted as legal advisor to Braemont Capital. Stephens Inc. served as sell-side advisor to Royal Cup.
"
      ["post_title"]=>
      string(85) "Cascadia Advises Braemont Capital on its Acquisition and Debt Financing of Royal Cup"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(84) "cascadia-advises-braemont-capital-on-its-acquisition-and-debt-financing-of-royal-cup"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-01-21 11:48:57"
      ["post_modified_gmt"]=>
      string(19) "2026-01-21 18:48:57"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22369"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [10]=>
    object(WP_Post)#3862 (24) {
      ["ID"]=>
      int(22363)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-11-26 12:17:21"
      ["post_date_gmt"]=>
      string(19) "2025-11-26 19:17:21"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(57) "Royal Cup/ Braemont Capital / Main St Capital Corporation"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(54) "royal-cup-braemont-capital-main-st-capital-corporation"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-04-06 16:20:20"
      ["post_modified_gmt"]=>
      string(19) "2026-04-06 23:20:20"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22363"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [11]=>
    object(WP_Post)#3863 (24) {
      ["ID"]=>
      int(22359)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-11-26 12:16:10"
      ["post_date_gmt"]=>
      string(19) "2025-11-26 19:16:10"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(28) "Braemont Capital / Royal Cup"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(26) "braemont-capital-royal-cup"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-06-17 14:55:35"
      ["post_modified_gmt"]=>
      string(19) "2026-06-17 21:55:35"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22359"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [12]=>
    object(WP_Post)#3864 (24) {
      ["ID"]=>
      int(22310)
      ["post_author"]=>
      string(1) "6"
      ["post_date"]=>
      string(19) "2025-11-05 11:49:36"
      ["post_date_gmt"]=>
      string(19) "2025-11-05 18:49:36"
      ["post_content"]=>
      string(942) "
We’re proud to announce that our Agribusiness team has successfully closed four marquee transactions, underscoring our deep expertise and leadership across the sector. Each deal highlights a unique growth story and our ability to deliver outstanding outcomes for our clients.



Watch our short video to see the details behind each transaction and hear insights from the team.




https://vimeo.com/1131754608?share=copy&fl=sv&fe=ci

"
      ["post_title"]=>
      string(61) "Cascadia's Agribusiness Team Closes Four Marquee Transactions"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(60) "cascadias-agribusiness-team-closes-four-marquee-transactions"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-01-21 11:49:12"
      ["post_modified_gmt"]=>
      string(19) "2026-01-21 18:49:12"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22310"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [13]=>
    object(WP_Post)#3865 (24) {
      ["ID"]=>
      int(22249)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-10-28 10:44:15"
      ["post_date_gmt"]=>
      string(19) "2025-10-28 17:44:15"
      ["post_content"]=>
      string(2391) "
Cascadia Capital is pleased to announce that Paine Schwartz Partners-backed HGS BioScience, a leading provider in humic and fulvic products, has acquired NutriAg, a Toronto-based innovator in bionutritional technologies. This acquisition will advance the bionutritional capabilities of HGS BioScience's platform, providing retailers and farmers with a comprehensive suite of sustainable products to overcome an increasingly challenging crop-growing environment. 



Cascadia Capital served as the exclusive buy-side and financing advisor to HGS BioScience and Paine Schwartz Partners. 



Cascadia’s buy-side advisory team supported Paine Schwartz Partners and its portfolio company, HGS BioScience, in navigating the acquisition of NutriAg. Cascadia’s Capital Markets team arranged debt financing led by Bain Capital Credit, providing a flexible capital solution that supported the acquisition and positioned the business for continued growth under new ownership. 



“This represents another successful transaction within agricultural inputs, which continues to be a core thesis for Cascadia’s agribusiness practice,” said Scott Porter, Managing Director at Cascadia Capital. “It was a privilege to work alongside HGS BioScience and Paine Schwartz Partners in crafting an acquisition thesis that supports HGS’ combination with one of the industry’s leading bionutritional input providers.”



“This transaction highlights Cascadia’s ability to seamlessly combine deep industry expertise with tailored financing solutions to deliver the most effective acquisition financing for our clients,” said Tom Mills, Managing Director and Head of Cascadia’s Capital Markets. “Working in close partnership with our Agriculture industry team, we delivered an integrated solution that supported Paine Schwartz Partners and HGS in completing this strategic acquisition, while positioning the platform for continued growth.”



Akin Gump Strauss Hauer & Feld LLP acted as legal advisor to HGS Bioscience. KPMG LLP served as sell-side advisor to NutriAg.
"
      ["post_title"]=>
      string(143) "Cascadia Advises HGS BioScience, a Leading Bionutritional Platform, on its Acquisition of NutriAg and Debt Financing to Support the Transaction"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(31) "cascadia-advises-hgs-bioscience"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2025-10-28 13:08:16"
      ["post_modified_gmt"]=>
      string(19) "2025-10-28 20:08:16"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22249"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [14]=>
    object(WP_Post)#3866 (24) {
      ["ID"]=>
      int(22223)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-10-21 09:30:25"
      ["post_date_gmt"]=>
      string(19) "2025-10-21 16:30:25"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(48) "HGS BioScience-Paine Schwartz Partners / NutriAg"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(22) "hgs-bioscience-nutriag"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-05-18 11:54:57"
      ["post_modified_gmt"]=>
      string(19) "2026-05-18 18:54:57"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22223"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [15]=>
    object(WP_Post)#3867 (24) {
      ["ID"]=>
      int(22247)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-10-21 09:22:47"
      ["post_date_gmt"]=>
      string(19) "2025-10-21 16:22:47"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(53) "HGS BioScience-Paine Schwartz Partners / Bain Capital"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(51) "hgs-bioscience-paine-schwartz-partners-bain-capital"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2026-04-06 16:20:44"
      ["post_modified_gmt"]=>
      string(19) "2026-04-06 23:20:44"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22247"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [16]=>
    object(WP_Post)#3868 (24) {
      ["ID"]=>
      int(21964)
      ["post_author"]=>
      string(1) "6"
      ["post_date"]=>
      string(19) "2025-09-04 09:34:34"
      ["post_date_gmt"]=>
      string(19) "2025-09-04 16:34:34"
      ["post_content"]=>
      string(3548) "
Cascadia Capital, an investment bank serving middle-market clients globally, is pleased to announce that Blue Pacific Flavors, a pioneer in natural and organic flavor systems, is entering a new era of global flavor innovation through its acquisition by Capol, a company of the Freudenberg Group. This strategic acquisition combines leading expertise in beverages, confectionery, and coatings to create a global food ingredient leader with complementary strengths — accelerating innovation in flavors, coatings, and product development across the food and beverage industry. 



By uniting deep category expertise across beverage, confectionery, and coatings, the  transaction positions the Capol group to serve global food manufacturers with an unmatched spectrum of flavor innovation and surface treatments while expanding its high-quality service and supply throughout North America, Europe, and Asia. 



Founded in 1993 and headquartered in California, USA, Blue Pacific Flavors has built a reputation for agility, customer-centricity, and clean-label innovation, particularly in the beverage segment and emerging wellness categories. Customers of Blue Pacific Flavors will continue working with their trusted teams, now supported by expanded global resources. 



Capol, headquartered in Elmshorn, Germany, is a premier manufacturer of added-value food ingredient solutions and global leader in confectionery coatings. As part of the Freudenberg Group, Capol has been expanding its capabilities in natural food colors and flavor innovation, most recently through the acquisition of Curt Georgi in July 2025, a 150-year-old tradition-rich German flavor house, renowned for technical mastery across confectionery, dairy, and baked goods. 



The combined strengths of these highly successful flavor companies together with Capol  creates a food ingredients powerhouse that spans three continents, offering customers expanded product development capabilities and faster speed to market.  Donald Wilkes will continue as CEO of Blue Pacific Flavors, and the company’s management team and employees remain unchanged. 



“This is an exciting new chapter for Blue Pacific. Our Farm to Flavor story will now be amplified through world-class infrastructure and global reach. Together with Capol, we can deliver greater innovation, faster speed to market, and enhanced value for our customers — while staying true to our roots in clean-label, natural flavor development,” said Donald Wilkes, CEO, Blue Pacific Flavors. “Cascadia was instrumental in guiding us through this process with thoughtful advice and steadfast support.” 



“Blue Pacific has established itself as a recognized leader in natural and clean-label flavor systems, particularly in the beverage and wellness categories. The company’s partnership with Capol represents a powerful combination that will expand global reach, enhance supply capabilities, and accelerate product innovation,” added George Sent, Cascadia Managing Director. “It was an honor to advise the Blue Pacific team on a transaction that positions the company for its next phase of growth.” 
"
      ["post_title"]=>
      string(103) "Cascadia Advises Blue Pacific Flavors on its Acquisition by Capol, a company of the Freudenberg Group "
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(37) "cascadia-advises-blue-pacific-flavors"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2025-09-04 11:31:53"
      ["post_modified_gmt"]=>
      string(19) "2025-09-04 18:31:53"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=21964"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [17]=>
    object(WP_Post)#3869 (24) {
      ["ID"]=>
      int(21959)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-09-02 20:29:46"
      ["post_date_gmt"]=>
      string(19) "2025-09-03 03:29:46"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(20) "Blue Pacific / Capol"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(18) "blue-pacific-capol"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2025-09-04 09:36:31"
      ["post_modified_gmt"]=>
      string(19) "2025-09-04 16:36:31"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=21959"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [18]=>
    object(WP_Post)#3870 (24) {
      ["ID"]=>
      int(22239)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-08-26 09:03:00"
      ["post_date_gmt"]=>
      string(19) "2025-08-26 16:03:00"
      ["post_content"]=>
      string(2022) "
Cascadia Capital, an investment bank serving middle-market clients globally, is pleased to announce that FlavorSum, LLC, a portfolio company of The Riverside Company and a leading developer of custom natural liquid flavors, extracts, and flavor systems for food and beverage applications, has been acquired by Warburg Pincus, a global growth-focused private equity firm.



This transaction reflects Cascadia’s deep expertise in the specialty ingredients sector and underscores the firm’s ability to work seamlessly with top-tier private equity firms on growth-oriented transactions. Additional insights on recent industry activity, valuation trends, and strategic interest in the space can be found in Cascadia’s June 2025 Ingredients Market Report. Please reach out to request a copy.



FlavorSum, headquartered in Kalamazoo, Michigan, is a trusted partner to high-growth food and beverage brands, delivering standout flavor formulation capabilities and industry-leading service. The company’s technical expertise, customer focus, and commitment to innovation have fueled strong momentum across the flavor solutions market.



“FlavorSum is a clear leader in the specialty ingredients category, combining science-backed innovation with a deep understanding of evolving consumer preferences,” said George Sent, Managing Director at Cascadia Capital. “We are proud to have served as an advisor to Riverside, FlavorSum management, and the team in this important milestone and to help bring together two partners with a shared vision for long-term value creation.”



The investment by Warburg Pincus will further accelerate FlavorSum’s growth strategy, enhance its innovation capabilities, and expand its reach across the food and beverage value chain.
"
      ["post_title"]=>
      string(71) "Cascadia Capital Advises FlavorSum on its Acquisition by Warburg Pincus"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(22) "flavorsum-announcement"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2025-10-28 11:06:03"
      ["post_modified_gmt"]=>
      string(19) "2025-10-28 18:06:03"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(60) "https://www.cascadiacapital.com/?post_type=news&p=22239"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(4) "news"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
    [19]=>
    object(WP_Post)#4400 (24) {
      ["ID"]=>
      int(22241)
      ["post_author"]=>
      string(1) "1"
      ["post_date"]=>
      string(19) "2025-08-26 08:58:00"
      ["post_date_gmt"]=>
      string(19) "2025-08-26 15:58:00"
      ["post_content"]=>
      string(0) ""
      ["post_title"]=>
      string(50) "FlavorSum - The Riverside Company / Warburg Pincus"
      ["post_excerpt"]=>
      string(0) ""
      ["post_status"]=>
      string(7) "publish"
      ["comment_status"]=>
      string(6) "closed"
      ["ping_status"]=>
      string(6) "closed"
      ["post_password"]=>
      string(0) ""
      ["post_name"]=>
      string(15) "flavorsum-rs-wp"
      ["to_ping"]=>
      string(0) ""
      ["pinged"]=>
      string(0) ""
      ["post_modified"]=>
      string(19) "2025-10-28 09:06:27"
      ["post_modified_gmt"]=>
      string(19) "2025-10-28 16:06:27"
      ["post_content_filtered"]=>
      string(0) ""
      ["post_parent"]=>
      int(0)
      ["guid"]=>
      string(68) "https://www.cascadiacapital.com/?post_type=transactions&p=22241"
      ["menu_order"]=>
      int(0)
      ["post_type"]=>
      string(12) "transactions"
      ["post_mime_type"]=>
      string(0) ""
      ["comment_count"]=>
      string(1) "0"
      ["filter"]=>
      string(3) "raw"
    }
  }
  ["post_count"]=>
  int(20)
  ["current_post"]=>
  int(-1)
  ["before_loop"]=>
  bool(true)
  ["in_the_loop"]=>
  bool(false)
  ["post"]=>
  object(WP_Post)#3852 (24) {
    ["ID"]=>
    int(23070)
    ["post_author"]=>
    string(1) "1"
    ["post_date"]=>
    string(19) "2026-09-01 01:10:00"
    ["post_date_gmt"]=>
    string(19) "2026-09-01 08:10:00"
    ["post_content"]=>
    string(2318) "
Cascadia Capital has published its 2026 Ingredients Market Report, covering where capital is concentrating across the ingredients value chain and what’s driving valuation in today’s market.



The report draws on Cascadia’s recent transaction experience and perspective from the deal table, alongside current public market and M&A activity.



Inside the Report




Cascadia’s perspective from the deal table. We’ve closed six transactions across the ingredients value chain in the last two years, four of them cross-border, giving us direct insight into the value drivers North American and global buyers are rewarding.





The themes defining ingredients M&A in 2026. Strategic and financial buyers are converging on the parts of the value chain that are hardest to replicate. We explore four areas attracting particular interest: proprietary flavor and fragrance creation, clinically substantiated ingredients, global sourcing expertise, and the growing importance of CDMOs as brands increasingly outsource development.





Public comparables and M&A activity. The report includes updated trading performance across specialty ingredient, flavor & fragrance, and primary processing peer sets, along with a review of recent strategic and sponsor transactions.




To receive a copy of the report, please reach out to George Sent or Tyler Howard. We also welcome the opportunity to connect and exchange perspectives on what we’re seeing in the market, including in person at SupplySide Global in October or PLMA in November.
"
    ["post_title"]=>
    string(44) "Ingredients Industry Update - September 2026"
    ["post_excerpt"]=>
    string(0) ""
    ["post_status"]=>
    string(7) "publish"
    ["comment_status"]=>
    string(6) "closed"
    ["ping_status"]=>
    string(6) "closed"
    ["post_password"]=>
    string(0) ""
    ["post_name"]=>
    string(15) "ingredients2026"
    ["to_ping"]=>
    string(0) ""
    ["pinged"]=>
    string(0) ""
    ["post_modified"]=>
    string(19) "2026-08-31 13:10:47"
    ["post_modified_gmt"]=>
    string(19) "2026-08-31 20:10:47"
    ["post_content_filtered"]=>
    string(0) ""
    ["post_parent"]=>
    int(0)
    ["guid"]=>
    string(60) "https://www.cascadiacapital.com/?post_type=news&p=23070"
    ["menu_order"]=>
    int(0)
    ["post_type"]=>
    string(4) "news"
    ["post_mime_type"]=>
    string(0) ""
    ["comment_count"]=>
    string(1) "0"
    ["filter"]=>
    string(3) "raw"
  }
  ["comment_count"]=>
  int(0)
  ["current_comment"]=>
  int(-1)
  ["found_posts"]=>
  int(331)
  ["max_num_pages"]=>
  int(17)
  ["max_num_comment_pages"]=>
  int(0)
  ["is_single"]=>
  bool(false)
  ["is_preview"]=>
  bool(false)
  ["is_page"]=>
  bool(false)
  ["is_archive"]=>
  bool(true)
  ["is_date"]=>
  bool(false)
  ["is_year"]=>
  bool(false)
  ["is_month"]=>
  bool(false)
  ["is_day"]=>
  bool(false)
  ["is_time"]=>
  bool(false)
  ["is_author"]=>
  bool(false)
  ["is_category"]=>
  bool(false)
  ["is_tag"]=>
  bool(false)
  ["is_tax"]=>
  bool(true)
  ["is_search"]=>
  bool(false)
  ["is_feed"]=>
  bool(false)
  ["is_comment_feed"]=>
  bool(false)
  ["is_trackback"]=>
  bool(false)
  ["is_home"]=>
  bool(false)
  ["is_privacy_policy"]=>
  bool(false)
  ["is_404"]=>
  bool(false)
  ["is_embed"]=>
  bool(false)
  ["is_paged"]=>
  bool(false)
  ["is_admin"]=>
  bool(false)
  ["is_attachment"]=>
  bool(false)
  ["is_singular"]=>
  bool(false)
  ["is_robots"]=>
  bool(false)
  ["is_favicon"]=>
  bool(false)
  ["is_sitemap"]=>
  bool(false)
  ["is_posts_page"]=>
  bool(false)
  ["is_post_type_archive"]=>
  bool(false)
  ["query_vars_hash":"WP_Query":private]=>
  string(32) "21fe260bb526bad0095c8212c2e5cbea"
  ["query_vars_changed":"WP_Query":private]=>
  bool(false)
  ["thumbnails_cached"]=>
  bool(false)
  ["allow_query_attachment_by_filename":protected]=>
  bool(false)
  ["stopwords":"WP_Query":private]=>
  NULL
  ["compat_fields":"WP_Query":private]=>
  array(2) {
    [0]=>
    string(15) "query_vars_hash"
    [1]=>
    string(18) "query_vars_changed"
  }
  ["compat_methods":"WP_Query":private]=>
  array(2) {
    [0]=>
    string(16) "init_query_flags"
    [1]=>
    string(15) "parse_tax_query"
  }
  ["query_cache_key":"WP_Query":private]=>
  string(41) "wp_query:cba1acd3d6d4b1220bb37e5cb8b27bab"
}