The $3 billion credit specialist LBC Credit Partners provided a senior secured term loan, as part of a $115 million senior secure credit facility, to TruFood Manufacturing to support their purchase of Simply Natural Foods.
TruFood, a manufacturer of private-label nutrition bars, is a portfolio company of AUA Private Equity Partners, according to the press announcement on the transaction. Simply Natural is a co-manufacturer of nutrition and better-for-you chocolate and bar brands.
AUA, meanwhile, is known for its focus on providing strategic capital to companies in consumer products and services sectors . . .
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