Graham Partners invests in food manufacturer Giraffe
U.S. private equity firm Graham Partners has invested in Giraffe Foods Inc, a Toronto-based maker of custom sauces, marinades, dips and dressings. Terms weren't disclosed for the deal, which saw Graham partner with the company's family owner-operators. Giraffe is led by CEO and Founding Partner Ari Powell. Established in 1997, Giraffe serves industrial food processors, retailers and food service providers across North America. Graham said it will support a growth plan that includes operational initiatives, geographic expansion and add-on acquisitions. Varagon Capital Partners served as administrative agent and lead arranger for a credit facility that backed the transaction.
17 December 2018•3 mins read
