Tricor Founders’ Ganache invests in Saxon Chocolates

Tricor Pacific Founders Capital has acquired Saxon Chocolates Inc, a Toronto-based maker of fine Belgian chocolate and a wide variety of other confectionery products. No financial terms were disclosed. Tricor Founders, a Canadian private equity family office, made the investment through Ganache Gourmet Inc, which owns Totally Chocolate LLC, acquired last year. Tricor Founders Managing Director Derek Senft, who led the deal, said the investor aims to make further acquisitions in the edible gifting and confections space. The Saxon Chocolates transaction comes on the heels of Tricor Founders' buy of Keybrand Foods Inc last week.

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