North America

'Condiments, sauces, and seasonings are a big, growth-filled sector in the grocery store overall,' Advent managing partner Tricia Glynn told PE Hub.

The transaction is expected to close in the third quarter of 2025.

The sector has previously racked up huge profits for private equity investors, including KKR’s exit from CHI Overhead Doors.

Tri-Tech Energy provides HVAC preventative maintenance, 24/7 service/repair and design/build installation services.

Summit Partners, Inflexion and KKR are among the PE firms targeting the sector.

Founded in 2005, Olo is a restaurant technology provider of digital ordering, payments and guest engagement services.

Canadian North provides essential passenger and cargo services to 24 remote Canadian Arctic communities in Nunavut and the Northwest Territories.

Oracle RMS is a Canadian commercial and personal lines insurance brokerage.