Sale Transaction   |  

Sankaty Advisors LLC and Granite Capital Partners Acquire Lakeview Farms, Inc.

Lakeview Farms has been acquired by Sankaty Advisors LLC and Granite Capital Partners

The Principals of True North Strategic Advisors, LLC advised the shareholders of Lakeview Farms, Inc. on the sale of Lakeview Farms to Sankaty Advisors LLC and Granite Capital Partners. The transaction was effective August 4, 2011. Founded in 1988, Lakeview manufactures, markets and distributes a comprehensive line of branded and private label dessert products, dips, and sour cream through the retail and foodservice channels, including major retailers and mass merchandisers.

Sankaty Advisors LLC, the credit affiliate of Bain Capital LLC, is one of the nation’s leading private managers of fixed income and credit instruments investing in mezzanine, equity, leveraged loans and a variety of other securities and investments.

Granite Capital Partners focuses on investing in established businesses that have sustainable competitive advantages with a focus on a wide range of manufacturing and service businesses.

The Principals of True North, acting in the capacity of registered agents of Burch & Company, Inc. were the lead strategic and financial advisors to Lakeview Farms on the sale of the business. The transaction was effective August 4, 2011. In order to assist True North with securities related transactions, including capital raises, its principals are registered investment banking agents of Burch & Company, Inc, member FINRA/SiPC. Burch and True North are not affiliated entities.

Sale Transaction
Lakeview Farms has been acquired by Sankaty Advisors LLC and Granite Capital Partners
Deal date
August 4, 2011
Transaction type
Sale Transaction
Category
Manufacturing
Industry
Food & Beverage