ACON Investments takes controlling stake in organic candy maker YumEarth

  • ACON Investments acquired a controlling stake in organic, allergy-friendly confectionery maker YumEarth; financial terms were not disclosed.
  • Fini took an ownership stake as a strategic industry partner to support YumEarth’s growth plans.
  • The deal marks the first investment from ACON’s Evolution Fund, which targets consumer and industrial opportunities in the U.S. middle market.
  • YumEarth, founded in 2007, sells through about 30,000 retail locations in the U.S. alongside online distribution.
  • Truist Bank led acquisition financing; Santander advised ACON; TM Capital advised YumEarth.


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