Burlington Capital Partners Announces Sale of Sokol to Solina
- Editor
- Feb 7
- 1 min read
Whats Happening:
Burlington Capital Partners (BCP) has sold its portfolio company Sokol Custom Food Ingredients to Solina, a global food industry partner. Sokol, based in Countryside, Illinois, is a manufacturer of wet-fill, liquid food ingredient products. BCP acquired Sokol in 2022 and worked with the management team to grow the company through strategic initiatives.
Key Moves:
Burlington Capital Partners sells Sokol Custom Food Ingredients to Solina
Sokol's management team will continue running the company under Solina's ownership
BCP strengthened and professionalized Sokol during its ownership period
By The Numbers:
Sokol was founded in 1895
BCP acquired Sokol in 2022
Solina has more than 4,000 global employees
Key Quotes:
"I am grateful for BCP's tremendous support and partnership over the last two and a half years," - Shawn Sullivan, CEO of Sokol
"Sokol is an excellent example of BCP's commitment to being strong partners and stewards of family-owned businesses," - Tim Novak, Partner at BCP
"This was a terrific partnership, and we are extremely thankful to Sokol's management team and employees for helping us deliver a strong outcome for our investors," - Michael Baldwin, Partner at BCP
Bottom Line:
Burlington Capital Partners' successful sale of Sokol Custom Food Ingredients to Solina demonstrates the fund's ability to create value in family-owned businesses. The transaction highlights BCP's strategy of partnering with management teams to drive growth and professionalization, resulting in a positive outcome for investors.
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