Paine Schwartz Partners has sold Lyons Magnus, a Fresno, California‑based manufacturer of ingredients, beverage, and healthcare nutrition solutions, to Truelink Capital. No financial terms were disclosed.

Lyons Magnus, founded in 1852, operates manufacturing facilities across the United States and supplies the largest coffeehouse and quick‑service restaurant chains in North America, as well as healthcare end‑markets.

Jim Davis serves as CEO of Lyons Magnus and has overseen the company’s growth into a key supplier for the foodservice industry.

The transaction marks a strategic move for both firms, expanding Truelink’s footprint in the ingredients and beverage sector while allowing Paine Schwartz Partners to focus on other portfolio opportunities.

Lyons Magnus’s product portfolio ranges from high‑volume coffee emulsions to niche specialty ingredients, positioning it as a versatile partner for foodservice operators seeking consistent quality and compliance with evolving health regulations.

While the deal’s financial details remain confidential, industry observers note the potential for synergies, including shared logistics networks and expanded R&D capabilities that could accelerate innovation across both companies’ product lines.