Grey Mountain Partners has purchased Mediterranean food maker Kronos Foods Inc. for an undisclosed amount with investments from its third middle-market buyout fund, which was raised in 2013.

Kronos, based in Glendale Heights, Illinois, makes gyro meat, hummus, baklava desserts, pita bread, flatbread, pre-formed gyro cones, sauces and yogurt. “The successful development and marketing of the first pre-formed gyro cones” is the target’s biggest accomplishment to date. Kronos targets products to foodservice providers, such as  fast-food outlets, schools, hotels and caterers, and corporate and military organizations.

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