Producer of Private Label Food Products
The Company’s existing senior facility was maturing, and it was looking for junior capital to sit behind its new senior lender in order to restructure its balance sheet and provide capital to support continued growth. The Company needed a partner that could provide a high certainty of close and execute a transaction within a tight time frame.
The Company is a leading organic private label manufacturer of pasta sauces, salad dressings, marinades, and condiments, and is a leader in the organic and natural segments of the market.
Falcon worked closely with the Company’s executive team and its new senior lender to complete due diligence and legal documentation under a compressed time frame. Falcon provided a flexible junior capital solution, investing in second lien notes to support the refinancing and provide additional capital for future growth.