Kratos Capital Advised Albie’s Foods, Inc. In Their Sale To Union Capital

By 
Kratos Capital
Posted 
September 22, 2018
Industry News

DALLAS, Sept. 11, 2018, /PRNewswire/ -- Kratos Capital, leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Albie's Foods, Inc. to Union Capital. The acquisition closed on September 4, 2018.Albie's Foods, Inc. is located in Gaylord, MI. Their plant is both USDA, SQF certified and peanut-free. Albie's takes great pride in producing homemade-quality 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 $20 million and $200 million. The firm is investing out of its latest pool of capital, Union Capital Equity Partners II, which has $200 million of committed capital.Kratos Capital Principal, Josh Bammel, established the initial relationship with Albie's and successfully closed the deal."Our clients were looking for a partner to provide a liquidity event while also building future value for this growing business," said Bammel. "Union Capital given their reputation in the food sector, proved to be the best partner."About Kratos CapitalMIDDLE-MARKET – DELIVERING PREMIUM VALUEKratos Capital is a privately held, mergers and acquisitions advisory firm. Our principals have experience creating and managing different liquidity solutions, unique to each client. What makes us different is our strict personal attention to each client. Whether your desire is a merger, growth capital, acquisition, or recapitalization, our firm can make a market for you. We measure the success of our process by the results it produces. Routinely, ours produces several attractive initial offers, and most of our clients close a deal at or above the upper end of our initial valuation range. When we are given the honor to manage a client's exit process, we provide peace of mind from having done the right thing for your family, your company, your employees and your customers.Contact Kratos Capital for more information or send us an email for any questions or inquiries.

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