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Kratos Capital Advised Albie´s Foods in its Sale to Union Capital
Thursday 13 September 2018

13 September 2018 - US-based mergers and acquisitions advisor Kratos Capital's client, US-based convenience foods producer Albie's Foods, Inc., has been sold to private equity firm Union Capital, the firm said.

Terms of the deal were not disclosed.

Albie's Foods, Inc. is located in Gaylord, Michigan. 

Their plant is both A, SQF certified and peanut-free. Albie's produces convenience foods for the foodservice and retail industries, mainly for school lunch programs.

All of their products are available in either their "Albie's" brand packaging or in private-label packaging.

Union Capital is a lower middle-market private equity firm that makes investments in North American based businesses with revenues between USD 20m and USD 200m.

The firm is investing out of its latest pool of capital, Union Capital Equity Partners II, which has USD 200m of committed capital.

Kratos Capital is a privately held, mergers and acquisitions advisory firm.
Details
Date Published: 13/09/2018
Target: Albie´s Foods, Inc
Country: USA
Sector: Food/Beverages/Tobacco
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Union Capital
Comment:
Terms of the deal were not disclosed

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