Private equity investor CapVest Partners LLP has acquired Second Nature Brands from a private equity fund affiliated with Palladium Equity Partners, LLC.

With a heritage stretching over 140 years, Second Nature Brands focuses on the nutritional and lifestyle needs of health-conscious consumers. The company’s brands include Kar’s Nuts, Second Nature Snacks and Sanders.

“Our partnership with Palladium has been extraordinarily successful and we thank them for their contributions to Second Nature Brands,” said Second Nature Brands CEO Vic Mehren. “With their support, and through the efforts of our great Second Nature Brands team members, Second Nature Brands has transformed into a leader within snacks and treats. We’re now thrilled to be partnering with CapVest for our next phase of growth. The CapVest team’s deep consumer food experience will be invaluable as we work to build on our Snacks and Treats platform organically, and inorganically with strategic acquisitions.”

CapVest has been investing in food businesses around the world for more than 20 years. Recent successes include the transformation of Valeo Foods from an Irish-only business with less than €200 million in sales, to a leading global ambient food group with over €1.1 billion in net sales operating in over 106 markets around the world.

“Second Nature Brands is a very exciting platform with ambitious plans to grow its presence in the highly attractive snacking and treats market,” said Othmade Khelladi, partner, CapVest. “Through our ownership, we look forward to supporting Vic Mehren and his world-class team in accelerating growth through further investment in product innovation, category leadership and by scaling the existing platform through transformational acquisitions.”