TORONTO — Fengate Private Equity, a division of Fengate Asset Management, has acquired Sweets from the Earth, a Toronto-based manufacturer of plant-based and allergy-friendly sweet baked foods. Financial terms of the acquisition were not disclosed. Following the acquisition, Ilana Kadonoff, founder and co-chief executive officer and Marc Kadonoff, co-CEO, will retain a “significant minority stake and will continue to lead the company in partnership with Fengate,” Fengate said. “We are excited to partner with Ilana and Marc and support the next phase of growth at Sweets from the Earth,” said Jennifer Pereira, managing director of Fengate Private Equity. Financial terms of that acquisition were not disclosed