LBC Credit Partners offers a Senior Secured Term Loan Facility to support the acquisition of Simply Natural Foods

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RADNOR, Pa., 20th August 2020 / PRNewswire / – LBC Credit Partners (“LBC”), a leading provider of financing solutions for medium-sized companies, presented a $ 115 million Senior Secured Credit Facility to AOG, LLC d / b / a TruFood Manufacturing (“TruFood”), a portfolio company of AUA Private Equity Partners, in support of the acquisition of Simply Natural Foods (“Simply Natural” or the “Company”).

LBC acted as the agent and sole lead arranger for the senior secured credit facility.

TruFood is a leading contract manufacturer of branded and private label nutritional bars, protein bars, molded chocolate products and baked goods. These products are sold in club, grocery, drug, convenience and department stores around the world. TruFood has a large presence on the East Coast with over 400,000 square feet of state-of-the-art manufacturing facilities and continues to grow with its reputation for producing high quality snack products for its marquee customer base.

Simply Natural is a co-manufacturer of renowned food and better-for-you chocolate and bar brands for large, high-growth CPG companies and private label customers. It has a diversified product portfolio that includes functional and diet bars, candy bars, peanut butter cups, and other shaped and extruded snack items. The company currently operates from an SQF Level 2 certified facility based in Commack, new York.

AUA Private Equity Partners is a New York-based, operationally focused, lower-middle-class investment company providing strategic capital to consumer goods and services companies, with a particular focus on family businesses or businesses that benefit from the growth of the U.S. Hispanic population. AUA Private Equity Partners makes equity investments of $ 20 million to $ 75 million in companies that have EBITDA in excess of $ 5 million.

Via LBC credit partners
LBC Credit Partners provides midsize and small cap financing solutions that support sponsored and unsponsored transactions in the United States across a variety of industries. With more than $ 3 billion of the capital commitments we have more than $ 7 billion to over 245 issuers in our 16-year history. * LBC is headquartered in the Philadelphia Area and has offices in Atlanta, Chicago, Los Angeles and New York. To learn more, visit www.lbccredit.com. * Information from June 30, 2020.

LBC loan partner
555 East Lancaster Avenue, Suite 450
Radnor, PA 19087
Tel. 215-972-8900
Fax 215-567-0138

MEDIA CONTACT:
Lisa Rubano-Volansky
Tel. 724-979-4293
E-mail: [email protected]

SOURCE LBC Loan Partner

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https://www.lbccredit.com

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