Sale of Hillside Candy
- Founded in 1945, Hillside is a manufacturer and marketer of a broad variety of premium organic, sugar-free and traditional confection products under the GoOrganic®, GoLightly®, Pick Your Color™ and Hillside Sweets brands. Products are sold direct and through distributors to grocery and drugstore chains, mass merchandisers, club stores, gourmet retailers, gift companies and other channels domestically and internationally. In addition, Hillside’s capabilities include incorporating nutraceutical ingredients in confectionery delivery systems, a growing trend in the nutraceutical space.
- Highlander Partners is a leading middle market private equity firm based in Dallas.
- The owners of Hillside engaged HT Capital to conduct a selective process to identify the optimal acquirer of the business based on overall fit as well as transaction terms.
- Highlander Partners, with extensive investing and operating experience in the food & beverage sector, identified the better-for-you confectionary category as an area with attractive growth and investment return potential.