VAUGHAN, ONTARIO — SK Capital Partners, a private investment firm, announced the acquisition of Spectra Confectionery, a manufacturer of decorative toppings and inclusions, from the company’s founders, Bill and Maureen Georgas, and the Georgas family.

“We are excited to welcome Spectra into the SK Capital family,” said Mario Toukan, managing director of SK Capital. “Spectra’s commitment to quality, customer service and sustainability aligns perfectly with our investment philosophy, and we look forward to working closely with this talented team to unlock new growth opportunities and build on the company’s strong foundation.”

Spectra supplies sprinkles, chocolate vermicelli, colored sugars, nonpareils, candy-coated chocolates and sugar shapes to food distributors, bakeries and snack food companies throughout the US.

The company’s leadership team, which includes John Georgas, managing director, and Nikolaos Georgas, president of operations, will ensure a smooth transition and continue to drive day-to-day operations.

“We are thrilled about our partnership with SK Capital,” said John Georgas. “We look forward to continuing to provide best-in-class service to our customers with a super-charged focus on customer-centric innovation and an enhanced commercial strategy.”

The investment bolsters SK Capital’s focus on the food ingredients sector, marking its seventh investment, including its acquisition of J&K Ingredients last year.