PE-backed Wythe Will Merges with Tzetzo

Wythe Will Distributing, a portfolio company of Slate Capital Group, has merged with Tzetzo Bros. The combined company will be called Wythe Will Tzetzo. Terms of the deal were not released. Buffalo, NY-based Tzetzo is a provider of national branded, unbranded, and private label confectionery products. Williamsburg, Va.-based Wythe Will is a distributor of branded and private label packaged gourmet food and confections. Slate Capital will hold a controlling stake in the combined company. Additional equity investment and mezzanine financing for the deal came from Triangle Capital Corporation and Centerfield Capital Partners. M&T Bank, Fifth Third Bank and First Niagara Bank provided senior debt financing.

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