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.
Flying Colours Corp. first to outfit Bombardier Challenger 650 jet in medevac format
Flying Colours, the North American MRO, completions and avionics business, just completed the industry’s first Bombardier Challenger 650 medevac interior. See press release. About Flying Colours With facilities in Canada, the…
Flying Colours Investment To Create 60 Jobs in Peterborough
Flying Colours, the North American MRO, completions and avionics business, invests in its Peterbourough, ON facility creating 60 new jobs. See press release. About Flying Colours With facilities in Canada,…
Continental Services Named to Food Management's Annual Top 50 Report
New Heritage Capital is pleased to announce that Continental Services was named to Food Management’s annual Top 50 report, a proprietary ranking of the largest noncommercial contract management companies. See Food…
Continental Services Acquires Metro Vending Service, Inc.
Third Add-on in Eight Months Enhances Company’s Metro Detroit Market Presence TROY, Mich.–(BUSINESS WIRE)–Continental, Michigan’s largest food management company, today announced it has acquired Metro Vending Service, Inc. (Metro Vending),…
Flying Colours Corp. ramps up production six-fold as doors open at new St. Louis facility
Flying Colours, the North American MRO, completions and avionics business, has officially opened the doors of its new St. Louis, MO., facility. See article in SKIES. About Flying Colours With…
Flying Colours selected by Conair to complete six Q400MR special mission interiors.
Flying Colours has signed an agreement with Conair Group Inc., a leading provider of fixed wing aerial firefighting aircraft, to modify six production Q400MR aircraft to support multi-purpose missions. See…
New Heritage Capital Invests in Flying Colours Corp.
Peterborough, ON (BUSINESS WIRE) – February 8, 2018 – Flying Colours Corp. ("Flying Colours"), the refurbishment, completion and MRO business today announced that Boston-based private equity firm, New Heritage Capital,…
Continental Services Acquires 24 Hr. Vending
Companies Combine Forces to Deliver Industry-Leading Refreshment Services TROY, Mich.–(BUSINESS WIRE)–Continental, Michigan’s largest food management company, today announced it has acquired 24 Hr. Vending LLC, located in Brighton, Mich. As…
The Execu|Search Group Announces Partnership With PharmaSource Group
NEW YORK, Jan. 2, 2018 /PRNewswire/ — The Execu|Search Group, a full-service recruitment, staffing, and workforce solutions firm, today announced their partnership with PharmaSource Group, a staffing firm based in the Chicago metropolitan area with…
St. Vincent Ambulance Services Acquired by Covalent Health's Century Ambulance
Marks Fourth Add-On Acquisition Completed by Covalent Health Family of Companies BOSTON– BUSINESS WIRE — New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company Covalent Health (“Covalent”),…