Falcon Invests in Second Nature Brands

Falcon Investment Advisors, LLC ("Falcon") is pleased to announce its investment in Second Nature Brands ("Second Nature" or the "Company"), a portfolio company of CapVest Partners, LLP ("CapVest"), supporting the Company's acquisition of Tillamook Country Smoker ("Tillamook") and the refinance of its existing debt.

On July 10, 2026, Falcon invested junior capital to support Second Nature's acquisition of Tillamook, a market leading manufacturer of sugar-free meat sticks and jerky. The Tillamook acquisition further strengthens Second Nature's better-for-you value proposition across its portfolio of brands, a continuation of CapVest's buy and build strategy to build a leading snacking platform.

Second Nature is a leading platform for better-for-you snacking brands, such as Kar's Nuts, Second Nature Snacks, Sahale Snacks, Sanders, Brownie Brittle, and Voortman. The strategic transaction marks Second Nature's first investment in the fast-growing protein snacks category.

Headquartered in Tillamook County, Oregon, Tillamook is a category leader in clean-label meat snacks. The company has been handcrafting premium meat snacks in Oregon since 1975, using all-natural ingredients and real hardwood smoke to deliver bold, authentic flavors. With a commitment to sustainability and quality, their products are protein-packed and have zero-sugar offerings, perfect for health-conscious snackers.