Fulcrum Capital Partners, a leading Canadian private equity firm focused on the mid-market, announced its investment in Sunco Foods. The company manufactures nut-based butters, snacks, and value-added food ingredients. It also imports, processes, and distributes organic and naturally sourced nuts, seeds, dried fruits, grains, and legumes.
Based in Burnaby, BC, Sunco serves food retailers, manufacturers, and food service providers globally. The company offers retailers a wide range of private-label and branded products, from large chains to independent stores. Sunco also distributes ingredient products to manufacturers and food service providers, both directly and through third-party distributors.
Fulcrum’s investment in Sunco marks the fifth platform in Fulcrum’s Private Equity Fund VI, which had a final closing in 2022.
KEY QUOTES:
“We are excited to partner with Fulcrum to accelerate our growth strategy while maintaining our focus on product quality and customer service. We look forward to expanding our capabilities to meet the growing demand for nut-based butters, ingredients, and snack foods.”
- Samir Virani, President of Sunco
“We are delighted to be invested with Samir and his family to support Sunco’s continued growth. The company’s impressive production facilities, commitment to quality, and strong food safety culture is evidence of the success that the family and Sunco’s team have had since the business was founded in 2009.”
- Graham Flater, Partner at Fulcrum
