Tampa, Florida – December 4, 2019 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the sale of a branded consumer food products business (the “Company”) to Union Capital Equity Partners II, L.P. (“Union Capital”). The Company currently desires to remain confidential. Hyde Park Capital served as the exclusive investment banker to the Company for this transaction.
The Company’s Chairman stated, “After 41 years of pioneering our families dream of building a great business, we are proud to announce the next big step forward for the company. We are partnering with an experienced group of dedicated individuals at Union Capital to continue the passion and vision going forward. Hyde Park Capital has certainly exceeded our expectations – very high-caliber expertise and perfect communication at every turn helped us every step of the way in deciding on the perfect match for our family’s goals for the future of the company. We could not be more thrilled with the prospects for our families and our business. The synergies created by this new development will certainly turbo boost our company, and we are honored to have our CEO continue to pilot the ship day-to-day with the continued support of our team.”
John Hill, Jr., Senior Managing Director of Hyde Park Capital, said “We are extremely pleased at the successful outcome of this majority recap sale transaction with Union Capital of the Company for the family. We had significant interest in the investment opportunity and Union Capital quickly built a good relationship with the family and was aggressive to win the mandate from them. We successfully closed a highly attractive transaction for the sellers on an expedited timeframe in less than six months from the start of the process. The family has been tremendous to work with and has now accomplished their goals of significant shareholder liquidity and partnering with a solid and experienced financial sponsor to help them take the Company to the next level and to continue their legacy.”
About Union Capital
Union Capital is a leading lower middle-market private equity firm that invests in smaller U.S. founder-owned and family-owned businesses. Since 1968, the Union Capital team has built a reputation for successfully working with management teams to assist them in implementing mutually agreed upon operational changes that enhance the capabilities of founder-owned companies while providing liquidity to founders as well as capital for growth and acquisitions. Today, Union Capital is managed by its three managing partners – Reis Alfond, Bill Ogden and Jay Landauer and has offices in Connecticut and Chicago. For more information, please visit www.unioncapitalcorp.com.
About Hyde Park Capital
Hyde Park Capital is a leading Florida based investment bank with a 20 year track record of successfully closing M&A and capital raise transactions for its clients. Hyde Park Capital focuses on the institutional capital markets and has numerous relationships with private equity funds, family offices and corporate buyers around the Unites States and in international markets. Hyde Park Capital specializes in mergers and acquisitions and serving the corporate finance needs of middle market public and private companies. The firm’s principals also have extensive investment banking experience executing sell-side merger and acquisition engagements for founder and family owned companies. Hyde Park Capital’s services include purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. Hyde Park Capital is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For additional information, please visit www.hydeparkcapital.com.
