News
Icelandirect Acquires SOMA LABS, Significantly Expanding Dosage Form Manufacturing Capabilities for Human and Pet Supplement Brands
Icelandirect, LLC (“Icelandirect”), a portfolio company of New Heritage Capital, has acquired SOMA LABS, a New Jersey-based supplement manufacturer specializing in solid dosage form production. The transaction closed in February 2026. The acquisition is a direct investment in capability — expanding what Icelandirect can build, manufacture, and deliver for its clients across both the human nutrition and pet supplement markets.
New Heritage Capital Invests in Icelandirect
BOSTON, MA – (BUSINESS WIRE) August 11, 2021 – New Heritage Capital (“Heritage”), a Boston-based private equity firm, is pleased to announce a new platform investment in Icelandirect (“Icelandirect” or the…
FMS Solutions Announces Acquisition of GOT Systems
July 14, 2021— BUSINESS WIRE – Fort Lauderdale, FL – FMS Solutions (“FMS”), a New Heritage Capital portfolio company, announced it has acquired GOT Systems (“GOT”). GOT provides SaaS-based product…
Welcome Dairy Announces Acquisition of North Star Processing
July 9, 2021— BUSINESS WIRE – Boston, MA – Welcome Dairy Holdings (“Welcome”), a New Heritage Capital portfolio company, is pleased to announce it has acquired North Star Processing (“North…
Carnegie Announces Merger with Underscore
May 12, 2021— BUSINESS WIRE – Carnegie Dartlet (“Carnegie”), a New Heritage Capital portfolio company, announced it has merged with Underscore. This combination brings together Carnegie's innovative enrollment marketing and…
FMS Acquires Retail Accounting Divisions of C&S
New Heritage Capital is pleased to announce that FMS Solutions, its most recent platform investment focused on providing SaaS-based and technology-enabled accounting and payroll solutions to multi-site retailers, has completed…
New Heritage Capital Exits The Execu|Search Group
BOSTON–(BUSINESS WIRE)–April 13, 2021– New Heritage Capital (“Heritage”) is pleased to announce the successful exit of its investment in The Execu|Search Group (“Execu|Search” or the “Company”). The Company has partnered…
New Heritage Capital Invests in FMS Solutions
BOSTON, MA – (BUSINESS WIRE) February 18, 2021 – New Heritage Capital (“Heritage”), a Boston-based private equity firm, is pleased to announce a new platform investment in FMS Solutions (“FMS”…
Rhythmlink International Acquires Chalgren Enterprises
COLUMBIA, S.C.–(BUSINESS WIRE)–December 15, 2020– Rhythmlink International, LLC is pleased to announce an exciting new investment, the acquisition of Chalgren Enterprises, a California-based medical device manufacturer that will add to…
New Heritage Capital Invests in Carnegie Dartlet
Boston, MA (BUSINESS WIRE) – October 13, 2020 – New Heritage Capital (“Heritage”), a Boston-based private equity firm, is pleased to announce a new investment in Massachusetts-based Carnegie Dartlet (the…
Mark Jrolf On Managing Portfolio Companies During COVID-19
Mark Jrolf, Managing Senior Partner at New Heritage Capital, is featured in Mergers & Acquisitions article discussing how to help portfolio companies adapt in the COVID-19 pandemic. Full article is…