Wintrust Receivables Finance closed a $4,750,000 line of credit to a Southeast-based manufacturer and distributor of natural pet food. In addition to pet food, the company also has a broad portfolio of pet and wellness products for dogs and cats...
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Wingspire Capital provided a $75 million revolving line of credit to Signature Brands. The senior secured credit facility was used to refinance an existing debt facility and provide enhanced liquidity by tailoring the structure to the seasonality of...
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GloryBee Natural Sweeteners, a family-owned business based in Oregon, is dedicated to ethically sourcing, processing, and packing high-quality honey and other sweeteners primarily used as ingredients. The company, having invested in a...
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Wingspire Equipment Finance announced a significant partnership with a leading global organic food manufacturer, resulting in a substantial $60 million equipment financing arrangement. This collaboration underscores Wingspire Equipment Finance’s...
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SC&H Capital announced that its client, Tattooed Chef, Inc., a plant-based food company renowned for its innovative and flavorful products, has completed a sale of substantially all of its assets. Tattooed Chef operated seven different facilities in...
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February 29, 2024, 07:47 AM
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In January 2024, Republic Business Credit financed a $9.0 million revolver and a $3.5 million real estate term loan for a family-owned, Illinois-based food manufacturing company. The company, a specialty food manufacturer and distributor, sells its...
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February 07, 2024, 07:46 AM
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $8,000,000 revolving line of credit, equipment term loan, and equipment CapEx loan to...
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February 07, 2024, 07:00 AM
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Zions Bancorporation, through its Colorado division, Vectra Bank, closed and funded two loan facilities totaling $7,068,600 for a vertically integrated co-pack manufacturer of fire-roasted green chilis, jarred salsa and other southwestern foods. The...
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January 22, 2024, 07:46 AM
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American Nuts, a sponsor-backed company, was referred to Gibraltar Business Capital (GBC) for its strengths in working with financial sponsors. American Nuts is a California-based, vertically integrated importer and processor of nuts, seeds, dried...
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January 17, 2024, 07:43 AM
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SG Credit Partners, through its Consumer Products division, has partnered with 4th & Heart, an emerging premium food brand. The brand is focused on disrupting the $5.6 billion butter category through its ghee products including sticks, jars and...
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January 12, 2024, 07:13 AM
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SSG Capital Advisors acted as investment banker to Winona Foods, Inc. in the private placement of a term loan. The term loan was placed alongside a revolving credit facility. The new financing was utilized to refinance existing indebtedness and will...
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January 11, 2024, 07:46 AM
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, has provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, Wisconsin.Winona Foods is a...
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December 21, 2023, 07:45 AM
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SG Credit Partners, through its SG Consumer Products division, announced a $6 million senior debt investment in a plant-based snack brand. The partnership will provide additional capital to support their continued retail expansion and product...
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December 06, 2023, 07:50 AM
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Celtic Capital Corporation announced its most recent new client relationship – an Eastern Midwest commercial bakery that specializes in making bagels and pita bread for food retailers and distributors. After managing through a tough couple of years...
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December 04, 2023, 05:00 AM
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Siena Lending Group closed credit facilities totaling $45.6 million for a California-based manufacturer of healthier snacks and related food products. Siena’s financing included a revolving line of credit and equipment term loan, as well as arranging...
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November 29, 2023, 08:00 AM
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The Real Good Food Company, a leading health and wellness frozen and refrigerated foods company, signed a definitive debt refinancing agreement with PMC Financial Services Group (“PMC”), which is expected to enhance the Company’s liquidity position...
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November 22, 2023, 07:50 AM
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Gibraltar Business Capital (GBC) closed a $20MM senior secured credit facility in support of Revolution Foods. The facility will provide additional liquidity for the continued development of the company’s vision. California-based Revolution Foods...
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October 18, 2023, 07:49 AM
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Chicago-based private equity firm, Sterling Partners, tapped Republic Business Credit to help support the continued growth of one of Sterling’s portfolio companies, Fancy Sprinkles. Republic provided an E-Commerce asset-based line of credit that...
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October 17, 2023, 07:15 AM
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FrontWell Capital Partners closed a US$25 million secured credit facility with Borealis Foods Inc. (“Borealis”), a fast-growing food tech company with a mission to serve growing consumer needs and global food challenges through its development of...
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October 04, 2023, 07:47 AM
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Wingspire Capital provided senior secured capital, as part of an agented transaction by TCW Asset Management Company LLC, to Lenny & Larry’s as the better-for-you healthy cookie company refinances debt and grows its business.Founded in 1993, Lenny &...
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September 12, 2023, 07:58 AM
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Gibraltar Equipment Finance (GEF) closed a $4 million equipment financing transaction in support of a sponsor-backed specialty pet food manufacturer. The Company is a manufacturer of high-quality pet foods made from natural, raw ingredients and...
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August 30, 2023, 07:27 AM
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JPalmer Collective, an asset-based lending company committed to funding high-growth, women-led and natural products companies closed a line of credit up to $1,000,000 to Cook San Francisco, LLC, dba Nona Lim, a woman-owned producer of fresh...
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First Citizens Bank's Asset-Based Lending group, part of the CIT division, has provided a revolving credit facility to Signature Brands.Headquartered in Ocala, Florida, Signature Brands is a leading provider of dessert decoration and seasonal...
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SG Credit Partners, through its SG Consumer Products division, announced its partnership with The Good Crisp Company, a dynamic brand of better-for-you snacks that deliver in taste without guilt. Known for their allergen-free potato chips and cheddar...
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a New York-based commercial bakery, providing private-label baked goods to retail and institutional users. The proceeds were used to fund growth and ongoing...
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Gibraltar Business Capital has carved a name for itself as the preferred ABL partner of private equity by delivering fast and flexible asset-based lines of credit to sponsor-backed companies who need it most—helping portfolio companies grow.A private...
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When a Gulf Coast-based second-generation food manufacturing company needed more support during seasonal growth periods, the company’s commercial banker sought a better partner for a line of credit that would allow the referring banker to maintain...
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King Trade Capital completed an $8 million purchase order finance facility for a popular growing sorbet brand. King Trade Capital was introduced to the client by an Investment Bank looking for a finance solution to replace a previous lender that was...
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Rosenthal & Rosenthal completed a combined deal for a specialty foods company that includes a $3.5 million recourse factoring facility and a $2 million purchase order line. Based in the Southeast, the client is a provider of high-quality sous-vide...
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SG Stonegate Capital announced its partnership with Chomps, a family-owned and operated healthy meat snack brand offering products made from the highest-quality, sustainably sourced proteins. This announcement comes on the heels of Chomps’ latest...
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SSG Advisors acted as the investment banker to Amoroso’s Baking Company and Quattro Foods Group, LLC (collectively “Amoroso’s” or the “Company”) in the Company’s recapitalization. The funding was used to refinance existing indebtedness and provide...
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February 24, 2023, 08:02 AM
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SG Stonegate Capital announced its newest partnership: Mike’s Hot Honey. Mike’s Hot Honey was born from a desire to create and share the highest quality honey infused with chili peppers. The brand is a welcomed addition to SG Stonegate's pizza pies...
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February 17, 2023, 07:38 AM
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Ares Commercial Finance provided a $22.5 million senior secured credit facility to a leading offline processor and wholesale distributor of branded and private-label commodity, specialty and hard-cooked eggs predominantly in the Northeast and...
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February 16, 2023, 07:50 AM
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Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Bansk Group’s (“Bansk”) acquisition of Red’s All Natural (“Red’s), a rapidly growing brand of clean-label frozen...
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February 16, 2023, 06:00 AM
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Westrock Coffee Company, a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, closed...
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February 15, 2023, 07:00 AM
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FrontWell Capital Partners closed a US $7.4 million secured credit facility with Savor Street Foods Inc. (“SSF” or the “Company”), a Pennsylvania-based food manufacturer producing an array of health-conscious pretzel snacks.The facility, comprised of...
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January 18, 2023, 07:55 AM
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SG Stonegate Capital, a division of SG Credit Partners (“SGCP”), closed a senior debt investment in Brazi Bites, a leading U.S. brand of Latin-inspired foods.Brazi Bites began with an authentic family recipe for a Brazilian household staple and a...
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December 15, 2022, 07:47 AM
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Huntington Business Credit closed $88,302,000 in new credit facilities with Fourth Street Barbecue, Inc. on September 2, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing....
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November 18, 2022, 07:55 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits’ acquisition of DeliverLean. NationsBenefit is an existing portfolio company of General Atlantic, The Pritzker...
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October 25, 2022, 07:50 AM
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A food and beverage company had large orders from big box retailers they needed to fill. They had been working with a factoring company but needed additional working capital to fulfill the orders. The factoring company recommended reaching out to...
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October 25, 2022, 06:00 AM
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Utz Brands, a leading U.S. manufacturer of branded salty snacks, announced that the Company’s subsidiaries Utz Quality Foods, LLC (“UQF”), Kennedy Endeavors, LLC (“Kennedy”) and Condor Snack Foods, LLC have entered into a new real estate senior...
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October 13, 2022, 07:45 AM
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CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $40 million revolving credit facility provided to Biery Cheese. The credit facility refinances Biery Cheese's...
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October 05, 2022, 07:45 AM
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Sucro Can Sourcing, a rapidly growing integrated sugar refiner, and Rabobank announced the successful closing of a $225 million senior secured credit facility. The revolving credit facility, which initially launched at $175 million was considerably...
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September 02, 2022, 07:38 AM
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good natured Products, a North American leader in plant-based products, completed a senior secured revolving credit facility with Wells Fargo Bank, through its wholly owned subsidiary Wells Fargo Capital Finance Corporation Canada, consisting of a...
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August 29, 2022, 08:00 AM
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Configure Partners announced its role as exclusive financing advisor to Highview Capital in securing committed debt capital to support the recapitalization of Highview’s existing portfolio company, Randall Foods, in conjunction with Randall’s merger...
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August 24, 2022, 07:00 AM
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O2 Sponsor Finance, a division of Old Second National Bank, acted as Administrative Agent and Lead Arranger for $41.5 in senior secured credit facilities to support Borgman Capital's portfolio company Gilman Cheese Corporation in its acquisition of...
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August 22, 2022, 07:42 AM
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Gordon Brothers provided Plainville Farms a $12 million term loan to support the organic and antibiotic-free turkey processor and distributor’s operations. Plainville Farms will use the committed facility for working capital purposes and to support...
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August 17, 2022, 07:47 AM
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Huntington Business Credit closed a $13,000,000 new credit facility with G.P. De Silva Spices, Incorporation on July 15, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing....
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August 17, 2022, 07:46 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a revolving line of credit to Crave Better Foods, LLC, a provider of...
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August 17, 2022, 07:45 AM
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Tattooed Chef, a leader in plant-based foods, expanded and extended its secured revolving credit facility with UMB Bank, a subsidiary of UMB Financial Corporation. The credit facility was increased to $40 million from $25 million and has a three-year...
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August 09, 2022, 07:00 AM
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When a portfolio company of a California-based private equity firm sought to refinance and upsize its existing asset-based lending facility, the company partnered with Republic Business Credit. Republic provided a scalable, flexible and...
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Whole Earth Brands, a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, announced it completed an amendment, effective June 15, 2022, to its amended and restated credit...
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Wingspire Capital provided a revolver as part of a unitranche senior credit facility to Gehl Foods, LLC. The proceeds were used to refinance previous debt and to fund an acquisition that expands Gehl’s manufacturing capabilities. Gehl is a pioneer in...
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Stonegate Capital, a division of SG Credit Partners (“SGCP”), a family-office backed lender providing capital to lower middle market businesses and entrepreneurs, closed a senior debt investment in Van Leeuwen Ice Cream, a leading brand of premium...
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a $2.1 million commercial real estate mortgage and construction to...
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Amerisource Business Capital closed and funded a $1,500,000 credit facility for a New York-based cookie and dessert production firm. The proceeds were used to provide working capital for the company’s expected growth. Andy Allaire, Senior Vice...
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Smart for Life, a global leading developer, marketer, and manufacturer of nutritional and related products, has executed a non-binding letter of intent with Diamond Creek Capital for the provision of a senior secured credit facility up to $4,000,000...
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Rosenthal & Rosenthal completed a $3.6 million purchase order financing facility to support a major producer of organic dried fruit and keto snacks that was experiencing rapid growth. The New Jersey-based company had been growing steadily since...
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Prana, a leader within the organic and plant-based food industry, signed a three-year credit agreement for a senior secured revolving loan facility and a senior secured term loan facility with Wells Fargo Capital Finance Corporation Canada that will...
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Stonegate Capital closed on a senior debt investment in Clio Snacks. Founded in 2015 by Sergey Konchakovskiy, Clio offers a line of handheld Greek Yogurt Bars and Granola & Yogurt Parfait Bars that combine the benefits of whole milk Greek yogurt -...
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GemCap provided a $4.0 million facility consisting of a working capital revolver and an equipment term loan for a nut processing company. "We're happy to support the food industry and agriculture," says David Ellis, Co-President. "GemCap continues to...
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February 25, 2022, 07:30 AM
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Northpoint Commercial Finance provided a $9.5 million senior secured revolving line of credit to support the acquisition of a food processor and distributor by a lower middle-market focused private equity firm.The Mid-Atlantic-based Company sells to...
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February 09, 2022, 07:26 AM
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eCapital Commercial Finance’s Asset Based Lending division announced the issuance of a $15,000,000 asset-based lending credit facility to a Dallas-based frozen foods manufacturer.The private company needed a full-service financial solution to provide...
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December 15, 2021, 07:35 AM
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Darling Ingredients amended and extended its Senior Secured Credit Facility. The amendment extends the maturity date of the revolving credit facility under the credit agreement to December 9th, 2026 (which is also the maturity date for the term loan...
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December 14, 2021, 07:30 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced it provided a $17 million ABL credit facility to one of the nation’s largest manufacturers of baked desserts.The transaction was structured against the company’s...
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September 14, 2021, 07:43 AM
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Gerber Finance announced new funding for Honey Stinger, maker of sports nutrition products for athletes of all kinds. The deal was structured based on ecommerce and intellectual property and completed under the Naturally Gerber Finance division...
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August 31, 2021, 08:00 AM
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BizCap® (Business Capital since 2002) structured and secured multi-tranche credit facilities for one of the largest branded cheese producers and processors in California. In business for over 75 years, the family-owned company is one of the most...
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King Trade Capital (“KTC”) is pleased to welcome back a client from 12 years ago by providing a $5 million import finance facility with an accordion feature to expand to $10 million.The owner/founder of a very successful food products company reached...
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Kate Farms® secured a $30 million senior credit facility with Pacific Western Bank to help fuel the company's further growth and expansion. The transaction follows Kate Farms' recent Series B funding round totaling $60 million and led by Goldman...
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Capital Southwest Corporation supported New Harbor Capital (“NHC”) in its majority growth equity investment in Food Technology and Design, LLC dba FoodPharma LLC with a revolving credit facility, first lien term loan, delayed draw term loan and a...
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Pacific Mercantile Bank provided a revolving line of credit to Quality Candy Company, a manufacturer and distributor of high quality hard candy and soft sugar candy. Along with the financing, Quality Candy utilizes a full suite of Pacific Mercantile...
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SLR Business Credit funded a $20 million asset=-based revolving line of credit for Copper River Seafoods, Inc. The funds provided under SLRBC's revolver secured by accounts receivable and inventory were used to refinance the existing bank revolver...
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Farmer Bros. Co. finalized a new $ 127.5 million, four-year financing arrangement, which includes an $80.0 million asset-backed revolving credit facility and $47.5 million term loan due April 2025. This arrangement replaces its existing revolving...
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When a group of investors with industry experience found the opportunity to purchase a Midwest producer of high-quality fresh and frozen ground meat out of bankruptcy via a 363 sale, they turned to their community bank. The bank appreciated the...
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities to AVA Companies. The credit facilities are a renewal of the Company’s existing relationship with Sterling, which began in 2009.Founded in 1984 in Brooklyn...
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Utz Brands announced the closing of its term loan refinancing. Bank of America, Goldman Sachs and Credit Suisse acted as Joint Bookrunners and Joint Lead Arrangers on the New Term Loan. Bank of America is the Administrative Agent. As part of the...
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January 21, 2021, 08:33 AM
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Horizon Technology Finance provided an $8 million venture loan facility to Clara Foods, Inc. ("Clara Foods"), of which $5 million has been initially funded. Clara Foods is a food technology company that is developing animal-free proteins as...
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January 15, 2021, 07:50 AM
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Stonegate Capital made an $8,637,500 senior debt investment in Monogram Capital Partner’s portfolio company, Country Archer Provisions. Headquartered in San Bernardino, Calif., Country Archer crafts its jerky and meat snacks with 100% grass-fed beef...
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January 14, 2021, 07:00 AM
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Encina Business Credit provided a $40 million senior secured revolving credit facility to a food packaging company.The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory, was used to refinance the...
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January 12, 2021, 08:05 AM
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Landec Corporation, a diversified health and wellness company with two operating businesses, Curation Foods, Inc. and Lifecore Biomedical, Inc., entered into a $245.0 million comprehensive refinancing of its existing credit facilities on December 31...
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January 05, 2021, 07:08 AM
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TAB Bank entered into a multi-year agreement with The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company’s ongoing working capital needs as it continues grow and expand the reach of its...
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December 30, 2020, 07:44 AM
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Varagon Capital Partners is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support the acquisition of Red Monkey Foods (Red Monkey) by Norwest Equity Partners (NEP).Red Monkey Foods is a leading...
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December 15, 2020, 08:19 AM
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Express Trade Capital, Inc. announced a new multi-tranche facility for a New York based client producing Moroccan condiments. This client has been with Express since June 2015. They began with a factoring facility and, as their sales rapidly grew, so...
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November 04, 2020, 08:50 AM
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SSG Capital Advisors ("SSG") acted as the investment banker to Caveman Foods, LLC in the placement of a convertible note by Carmenta Capital Co-Investments, L.P. The financing will provide liquidity to scale the business and support growth...
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October 23, 2020, 08:30 AM
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Gerber Finance announced the closing of a line of credit to Cerebelly, maker of organic, brain-supporting baby food. Cerebelly joins Gerber’s baby care product specialty under its recently launched Naturally Gerber Finance division, helping...
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October 23, 2020, 08:10 AM
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MidCap Business Credit announced today they have closed on a $15,000,000 asset based credit facility for Foundation Food Group, Inc., headquartered in Gainesville, GA. Through its state-of-the-industry processing facilities and production...
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September 29, 2020, 09:05 AM
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When a West Coast based natural food manufacturing company sought more funding than their incumbent bank lender could provide, they fed the order to Republic Business Credit for increased access to working capital. Republic approved a scalable and...
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September 24, 2020, 08:55 AM
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Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a pre-packaged food manufacturer based in Illinois.The proceeds are being used to fund the company’s continued growth during COVID 19. Daniel Martinez...
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Hilco Global has issued a timely and relevant report on how pandemic-driven business closures, consumer purchasing behavior and supply chain dynamics are impacting the retail, production, distribution, and foodservice segments of the food...
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Beyond Meat, Inc., a food company specializing in plant-based meat, announced that it has entered into a new $150 million five-year secured revolving credit facility to support its future growth initiatives. The New Credit Facility also includes an...
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MidCap Business Credit announced that it has completed a $2.75 million asset based credit facility to New England Natural Bakers, Inc. New England Natural Bakers is a manufacturer of granolas and trail mixes located in Greenfield, MA. The...
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January 02, 2020, 08:45 AM
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When a private equity owned, natural food manufacturing company sought their first debt facility, they chose Republic Business Credit to feed their ambitious growth plans. Republic provided a flexible, covenant free working capital facility that...
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December 11, 2019, 08:55 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support Centre Partners’ investment in Wisconsin Cheese Group Holding, LLC, a leading...
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December 03, 2019, 08:35 AM
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CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Hantover Inc., a leading distributor of products to the food...
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October 17, 2019, 08:50 AM
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Dean Foods Company announced it has successfully increased the Company's borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.Coöperatieve Rabobank U.A., New York...
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $6.4 million credit facility to Culinary International LLC consisting of a line of credit and a commercial term loan. In addition to...
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Maple Leaf Foods Inc. announced that it has closed a $2 billion funding arrangement with its existing banking syndicate. The new credit facility consists of an unsecured committed revolving line of credit and two unsecured committed term...
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MidCap Business Credit LLC, as Administrative Agent, in conjunction with CNH Finance, announced that it has completed a $25 Million Asset Based Credit Facility to Alfred Nickles Bakery, Inc. Headquartered in Navarre, Ohio, and established in 1909...
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Siena Lending Group LLC announced the completion of a $12.0 million revolving credit and term loan facility for Specialty Bakers LLC. The facility was used to finance Specialty’s acquisition of certain assets of the former Bake One, Inc. and to...
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BBF, the UK’s leading manufacturer of own label, licensed and branded ambient cakes and desserts, is pleased to announce a new £40m financing facility with Wells Fargo Capital Finance (WFCF) to support future growth plans.
BBF serves all the UK’s...
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January 21, 2019, 08:00 AM
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Stonegate Capital announced it has made a $7 million senior debt investment into Fishpeople Seafood, Inc. Headquartered in Portland, OR, Fishpeople is backed by a syndicate of equity groups including Advantage Capital, S2G Ventures, 3X5 Partners...
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December 18, 2018, 07:00 AM
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Rosenthal & Rosenthal, Inc., a factoring, asset based lending and purchase order financing firm in the U.S., announced the completion of recent deals with two of the country’s highest quality and most trusted seafood suppliers.
A popular supplier...
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December 14, 2018, 07:09 AM
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Kellogg Company announced two significant changes to its North American business designed to ensure it has the right operating model and portfolio to deliver profitable growth in the future.
First, beginning in January 2019, Kellogg's North American...
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November 13, 2018, 08:00 AM
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James Candy Company (JCC) announced a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the US Bankruptcy Court for the District of New Jersey. JCC anticipates the process of reorganization to move swiftly as it continues...
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November 13, 2018, 07:50 AM
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Welbilt, Inc. announced that it has completed the amendment of its senior secured credit facility. The borrowing limit for the revolving credit facility was increased to $400 million from $275 million and the maturity date was extended to October 23...
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October 25, 2018, 07:07 AM
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Conagra Brands, Inc. and Pinnacle Foods Inc. announced that their boards of directors have unanimously approved a definitive agreement under which Conagra Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction...
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Veritas Financial Partners, a specialty finance company, announced the closing of a $35 million asset-based revolving credit facility for Direct Source Seafood. Proceeds from the financing will be used to repay existing indebtedness and provide for...
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Super G provided a second-lien non-dilutive $2.1 million term loan to a Greek yogurt brand, behind the company’s existing bank credit facility, which consisted of an accounts receivable-based line of credit and an equipment loan. Super G quickly...
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the completion of a $25 million secured term loan for Zacky & Sons Poultry, a vertically integrated grower, processor, and distributor of...
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Fresh Del Monte Produce Inc. announced that its North America subsidiary, Del Monte Fresh Produce N.A., Inc. completed its previously announced acquisition of Mann Packing Co., Inc., an award-winning innovator and leading grower, processor and...
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February 28, 2018, 07:29 AM
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Conagra Brands, Inc. entered into a Term Loan Agreement with Bank of America, N.A., as administrative agent and lender. The Credit Agreement provides for term loans to the Company in an aggregate principal amount not in excess of $300.0million.On...
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February 28, 2018, 07:13 AM
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Avidbank Specialty Finance, a Division of Avidbank that specializes in technology, sponsor finance and asset-based lending, has provided an acquisition term loan and a working capital line of credit to Red Monkey Foods (RMF).Founded in 2002 and...
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February 16, 2018, 07:07 AM
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Campbell Soup Company entered into a Three-Year Credit Agreement with Credit Suisse AG, Cayman Islands Branch, as administrative agent, and the other lenders named therein. Subject to the terms and conditions set forth in the Credit Agreement, the...
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January 02, 2018, 07:33 AM
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Essex Capital Group, Inc. announced that the firm recently arranged a $14,986,000 term debt capital raise for two affiliated vegetable packing houses located in the Southeastern U.S. The new loan facilities allowed the Company to consolidate its debt...
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December 07, 2017, 07:11 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation announced that it provided senior secured financing to support Glencoe Capital in its acquisition of Robert Rothschild Farm.Robert Rothschild Farm...
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November 10, 2017, 07:17 AM
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Abacus Finance Group, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lender for $21.7 million in...
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September 19, 2017, 07:15 AM
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Bumble Bee Holdco, S.C.A., and its subsidiary, Bumble Bee Foods S.à r.l., announced a refinancing of 100 percent of its debt. The new debt structure includes: Borrowing under a five-year term, $200 million asset-based revolving credit facility with...
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August 21, 2017, 07:08 AM
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McCormick & Company Inc. announced that it has signed a definitive agreement to acquire Reckitt Benckiser's Food Division from Reckitt Benckiser Group plc for $4.2 billion, subject to certain customary purchase price adjustments.
RB Foods is a...
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support an investment in Stampede Meat, Inc. by Wynnchurch Capital, LLC and company management.
LBC served as Administrative...
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Bridge Bank and ORIX Growth Capital announced that the firms have provided Revolution Foods with a revised accounts receivable line of credit facility from Bridge Bank alongside a venture term loan shared by Bridge Bank and ORIX. Revolution Foods is...
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AloStar agented a $36 million credit facility for TruFood Mfg. Inc., a leading snack food manufacturer of well-recognized brands based in Pittsburgh, Pennsylvania.
TruFood, a family owned business, has provided high-quality snacks to the...
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Gibraltar Business Capital recently closed on a new $6.75 million asset-based line of credit for St. Paul, Minn.-based Maple Island Inc., a manufacturer, processor and packager of quality food-powder products and one of the only vendors that is...
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Citizens Bank announced that Citizens Commercial Banking is leading $55 million of credit facilities for Godshall’s Quality Meats in support of the company's employee stock ownership plan (ESOP) conversion and upcoming facilities expansion. Citizens...
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Gordon Brothers announced that it has entered into a strategic partnership with Carolina Pride, a family-owned packaged meat producer based in Greenwood, South Carolina. Gordon Brothers, through its wholly-owned entity CPF Holdings LLC, now holds a...
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February 09, 2017, 07:45 AM
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Smithfield Foods, Inc. announced it intends to refinance certain of its existing credit facilities, in connection with its previous announcement to refinance its existing senior notes with the proceeds of a proposed $1.4 billion offering of senior...
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January 23, 2017, 07:05 AM
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Presidential Financial Corporation announced it has provided an $8.5 million working capital and term loan facility to MDS Foods, Inc. Headquartered in Massillon, Ohio, MDS Foods is a premium cheese manufacturer and supplier of slices, shreds, chunks...
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December 08, 2016, 07:45 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21.5 million senior term loan to support the recapitalization and future acquisitions of All Holding Company, LLC (“AHC”) by private equity...
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December 06, 2016, 07:39 AM
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Antarctica Advisors LLC, a leading seafood industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International L.P. ("OCI") in the CAD 240 million refinancing of its credit facilities through a syndicate of North...
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November 21, 2016, 07:21 AM
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Antares Capital announced is serving as administrative agent and joint lead arranger on a $121.6 million senior secured credit facility to support the acquisition of Del Real Foods by a private equity fund affiliated with Palladium Equity Partners...
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October 12, 2016, 07:43 AM
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Bibby Financial Services, Inc. (BFS) announces it is providing a $5.5 million asset-based lending (ABL) facility to Sprout, a developer, marketer and distributor of premium organic foods. The financing will allow the company additional cash liquidity...
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October 04, 2016, 07:44 AM
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MB Business Capital announced it recently provided a new $32.9 million senior credit facility to Benicia, California-based Valley Fine Foods Company, Inc. Valley Fine Foods is a family-owned company and manufacturer and marketer of chef-inspired...
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September 07, 2016, 07:41 AM
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Golub Capital announced that as administrative agent, sole bookrunner and sole lead arranger, it provided a $66.5 million GOLD financing to CenterOak Partners to finance its acquisition of Wetzel's Pretzels, LLC ("Wetzel's Pretzels"). GOLD financings...
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September 07, 2016, 07:20 AM
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Xylitol Canada Inc. announced its subsidiary, Xylitol USA, Inc. has entered into an asset-based lending arrangement with Bibby Financial Services Inc.Xylitol USA has entered into a two year combined $2.5MM asset-based credit facility arrangement...
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August 25, 2016, 07:18 AM
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Bibby Financial Services (BFS) announced the provision of a $2 million accounts receivable and inventory facility to a California-based fruit snack business. The snack producer owns its supply chain from start to finish and is highly regarded for its...
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Austin Financial Services, Inc. recently funded a $5.25 million asset-based loan credit facility comprised of an A/R and inventory revolver with a $1 million equipment term loan. The company is a private label food manufacturer, wholesaler and...
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Bibby Financial Services announced the provision of a $3 million revolving line of credit with a $150,000 real estate term loan to Chef’s Requested Foods, Inc., an Oklahoma City-based processor of quality-grade steaks and meats. Chef’s Requested...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Richmond, California-based Richmond Wholesale Meat. Richmond is one of the nation’s largest distributors of frozen, chilled and...
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Santander Bank announced that it served as left-lead agent in a $115 million senior-secured revolving line of credit facility to The Fishin’ Company, Inc., based in Pittsburgh, PA. The Company will use the financing to support its large and growing...
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Harvest Capital Credit Corporation closed a $10.8 million junior secured debt financing for Yucatan Foods, L.P. in support of a recapitalization, as well as to finance the company’s long-term strategic growth initiatives. The debt financing was...
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Blue Harvest Fisheries announced the acquisition of seven Massachusetts-based scallop vessels and related shoreside assets from Harbor Blue Seafood, Inc. and related affiliates (“HBS” or “Harbor Blue”). Blue Harvest now owns 15 scallop vessels and...
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided a senior debt facility to support Glencoe Capital in recapitalizing Clearbrook Farms.Clearbrook Farms, based out of...
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Rosenthal & Rosenthal, Inc. announced that with the assistance of KCP Advisory Group, LLC it has completed new financing to Browne Trading Company, Inc. the premier supplier of fresh fish, fine caviar, shellfish, and smoked seafood to elite, Michelin...
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February 29, 2016, 07:48 AM
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SunOpta Inc., a leading global company focused on organic, non-genetically modified and specialty foods, entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility in the maximum aggregate principal...
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February 12, 2016, 07:51 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided senior secured credit facilities totaling $6,000,000 to Love & Quiches, Ltd. (“L & Q” or the “Company”). Founded in 1974 and headquartered in Freeport, NY, L & Q...
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February 02, 2016, 07:40 AM
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MB Business Capital recently provided a new $10 million senior credit facility to Decatur, Alabama based Gemstone Foods, LLC. Gemstone Foods, LLC, provides a wide array of custom and specialty poultry processing services tailored to the unique...
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January 20, 2016, 07:57 AM
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GE Capital, Corporate Finance announced it is serving as lead arranger on a $180 million senior secured credit facility for Arbor Investments, a Chicago, IL-based food and beverage private investment firm. The financing will be used to acquire a...
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December 28, 2015, 08:02 AM
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GE Capital, Corporate Finance announced it is administrative agent and lender on a $125 million revolver for Shearer’s Foods, LLC, a leading manufacturer and distributor of snack products. The financing will be used for the acquisition of three...
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December 09, 2015, 07:57 AM
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BMO Harris Bank’s Asset Based Lending group announced it acted as joint lead arranger and administrative agent for a $350 million senior secured revolving credit facility to Blommer Chocolate Company (“Blommer”). Blommer is a fully-integrated...
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December 01, 2015, 07:46 AM
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Inventure Foods, Inc., a leading specialty food marketer and manufacturer, announced that the Company has completed a $135 million debt refinancing that includes a new five-year, $50 million senior-secured revolving credit facility and a new...
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November 24, 2015, 07:18 AM
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MidCap Business Credit announced it has completed a $2 million asset-based line of credit to Bakery Barn, Inc., and Pervine Foods, LLC. Bakery Barn is a private label manufacturer of baked protein bars, breakfast squares, cookies, and brownies. ...
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September 10, 2015, 07:42 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $64 million of first lien credit facilities to Kettle...
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August 27, 2015, 07:42 AM
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GE Capital, Corporate Finance is serving as administrative agent on a $49.5 million senior secured credit facility for Flavor Producers, Inc. Flavor Producers, a creator of custom-formulated flavors for food and beverage companies globally, will use...
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Bank of America Business Capital recently closed a $20 million revolving line of credit and $2.5 million term loan for Rosina Food Products, Inc. to refinance the company’s existing debt and provide ongoing working capital financing to support the...
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MB Business Capital recently provided a new $21 million senior credit facility to Richmond, CA-based Nutiva. Nutiva is the world’s leading brand of all-organic coconut oil, chia seeds, hemp foods, and red palm oil. The company has become the...
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Smithfield Foods, Inc., a wholly owned subsidiary of WH Group Limited, entered into a new revolving credit facility totaling $1.025 billion with Rabobank Nederland, New York Branch, as administrative agent. The new credit facility replaces the...
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RiceBran Technologies , a global leader in the production and marketing of value added products derived from rice bran, announced that it has signed a conditional commitment letter with Full Circle Capital for an $8 million three-year debt facility...
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Dean Foods Company announced it has entered into a new $450 million senior secured revolving credit facility. The new credit agreement contains an accordion feature that allows the company, subject to certain conditions, to increase the amount of...
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Farmer Bros. Co. has entered into a new five-year $75 million senior secured revolving credit facility led by JPMorgan Chase Bank, N.A., as administrative agent, and SunTrust Bank, as syndication agent, to replace the company's existing $75 million...
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Capitala Finance Corp. recently invested $20.0 million, with warrant participation, in Tender Greens Holdings, LLC, a leading grower, packer, and shipper of niche tender leaf salad greens to markets throughout North America and the United...
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February 02, 2015, 07:17 AM
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Webster Business Credit Corp. has provided a $5.3MM revolving line of credit to Richardson Foods. Richardson was founded in 1880 and is a manufacturer of niche branded confectionary products located in Canajoharie, NY. Proceeds will be used to...
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January 30, 2015, 07:40 AM
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American Capital announced it has invested $31.5 million to support the acquisition of Teasdale Foods, Inc. by affiliates of Snow Phipps Group, LLC. Teasdale is a leading provider of private label and branded bean and hominy products to the retail...
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December 04, 2014, 07:12 AM
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GE Capital, Corporate Finance announced it is providing $107.7 million in credit facilities to Mariani Packing, one of the world’s largest independent producers of dried fruit. Mariani Packing, Headquartered in Vacaville, CA, sells premium products...
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November 19, 2014, 07:26 AM
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GE Antares is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this...
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November 04, 2014, 07:38 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent and sole lender for $20 million in senior credit facilities to Stonewall Kitchen, LLC, a Centre Partners...
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October 30, 2014, 07:32 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for senior credit facilities to Kettle Cuisine, LLC, an Arlon...
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October 29, 2014, 07:39 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger and is administrative agent for senior credit facilities to Spartan Foods of America, a Linsalata Capital...
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September 19, 2014, 08:04 AM
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First Capital, a national commercial finance company, announced it has provided a $6 million asset-based credit facility to H2Origins Seafood, a sustainably-raised seafood distributor. The senior credit facility consists of a $6MM working capital...
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September 03, 2014, 07:26 AM
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The PrivateBank announced it has extended a $16.5 million senior credit facility to Twin Tails Seafood Corporation, a Miami-based importer and distributor of fresh, pasteurized and frozen seafood to wholesalers, retailers and restaurants throughout...
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August 13, 2014, 07:31 AM
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BMO Harris Bank’s Sponsor Finance group is administrative agent, joint lead arranger, and joint bookrunner for $156 million in senior credit facilities to Roland Foods Corporation, a Vestar Capital Partners portfolio company. Roland Foods specializes...
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided a revolving credit facility totaling $5.75 million to KRAVE Pure Foods, Inc. (“Krave”). Headquartered in Sonoma, CA, Krave is an emerging...
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B&G Foods, Inc. announced it has completed a refinancing of its senior secured credit facility by terminating the facility and replacing it with a new senior secured credit facility, consisting of $300 million of tranche A term loans and a $500...
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First Capital, a national commercial finance company, announced it has provided a $5 million asset-based credit facility to PLM, Inc, a Modesto, California-based producer of premium ice cream and frozen fruit confections distributed in both large big...
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TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided $14.95 miliion of secured financing to support the majority investment in Innovative Food...
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GE Capital, Corporate Finance announced it is administrative agent on $135 million in senior secured financing for King’s Hawaiian , a Torrance, CA-based manufacturer of bread and rolls. The financing will be used to expand the company’s production...
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Post Holdings, Inc., a consumer packaged goods holding company, announced it has agreed to acquire MFI Holding Corporation ("Michael Foods") from affiliates of GS Capital Partners, affiliates of Thomas H. Lee Partners and other owners.
Michael Foods...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger and sole bookrunner and is administrative agent for senior credit facilities to Sunrise Growers, Inc., a...
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Goldman Sachs and Vestar Capital Partners announced that they have signed a definitive agreement to acquire Hearthside Food Solutions, the largest independent bakery and contract food manufacturer in North America, from Wind Point Partners. Terms...
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BMO Harris Bank’s Asset-Based Lending group, a leading provider of middle market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and administrative agent for the $100 million senior secured revolving credit...
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Diamond Foods, Inc. announced the completion of the refinancing of its debt capital structure.
"We are pleased with our new debt structure," said Raymond Silcock, Diamond's Chief Financial Officer. "In addition to substantially reducing interest...
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February 20, 2014, 07:43 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of an $8 million facility for Double B Foods, Inc. The company, located in Arlington, TX, is a manufacturer of frozen food appetizers. Products include wraps, dips...
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February 18, 2014, 07:51 AM
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The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, today announced that on January 2, 2014 it completed its previously announced acquisition of Earthbound Farm, one of the country’s leading...
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January 06, 2014, 07:38 AM
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Bank of America Business Capital announced it has provided a new $22 million credit facility to Monarch Trading. Proceeds will be used to refinance existing indebtedness and for future working capital needs.
Monarch Trading is a wholesaler/broker of...
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November 15, 2013, 07:49 AM
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Philippines-based fruit juice manufacturer Del Monte Pacific Limited released details on a $1.28 billion credit backing its $1.675 billion acquisition of the Del Monte Foods consumer food business, sources told Thomson Reuters LPC.
Reuters reported...
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November 08, 2013, 07:29 AM
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GE Capital, Corporate Finance today announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman, Inc., a leading cheese manufacturer and distributor. The loan refinances existing debt and will...
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September 30, 2013, 08:04 AM
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Bank of America Business Capital announced it has provided a new $26.5 million credit facility to the A.L. Schutzman Company, Inc. Proceeds will be used to support working capital. “We’re very pleased to enter into this relationship with Bank of...
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September 26, 2013, 08:04 AM
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FirstMerit Bank Business Credit announced it closed a new $24.47 million revolving credit loan and term loan facilities to Morey’s Seafood International LLC on August 13, 2013. Morey’s Seafood International LLC is a portfolio company of Acuity...
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September 09, 2013, 07:51 AM
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Village Farms International, Inc. announced today ithas entered into a new CAD $10.0 million asset based lending operating facility with Bank of Montreal. The facility is for a three-year term and is subject to certain positive and negative covenants...
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September 04, 2013, 07:26 AM
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Krispy Kreme Doughnuts announced that on Jul. 12, the company refinanced its secured credit facilities. In connection with the refinancing, the company retired in full the $22 million balance of its term loan and increased the size of its revolving...
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Boulder Brands, Inc. closed on a new senior secured credit facility. The new $330 million secured credit facility consists of a $250 million seven-year term loan and an $80 million five-year revolving credit facility. The proceeds will be used to...
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B&G Foods, Inc. has completed the acquisition of Robert’s American Gourmet Food, LLC dba Pirate Brands, a leader in the all-natural snack foods category, from VMG Partners, Michael Repole, founder Robert Ehrlich and certain other entities and...
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