Free press releases distribution network?

More news: Food/Culinary
Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GE Antares Capital Finances Snow Phipps’ Acquisition of Teasdale Quality Foods, Inc. - GE Antares, announced it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC - GEAntares.com
GE Antares Capital Finances Snow Phipps’ Acquisition of Teasdale Quality Foods, Inc.

 

PRZOOM - /newswire/ - Chicago, IL, United States, 2014/11/03 - GE Antares, announced it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC - GEAntares.com. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food/Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this facility.

Headquartered in Atwater, California, Teasdale produces and markets canned hominy and beans, primarily in the Western and Midwestern United States. The company also manufactures a line of sauces, organic beans and other shelf-stable products for national and regional foodservice providers.

“Snow Phipps has a long-standing and valued relationship with GE Antares. Their expertise in the food industry and ability to promptly arrange this financing made them an excellent partner,” said Ian Snow, CEO and managing partner of Snow Phipps.

“Teasdale’s strong culture and management team coupled with Snow Phipps’ expertise in the consumer sector attracted us to this financing opportunity,” said Doug Cannaliato, managing director of GE Antares. "We look forward to supporting management and Snow Phipps as they execute their growth plan.”

About Teasdale Quality Foods, Inc.

Teasdale's roots can be traced back to the 1930's. Inspired by the rich agricultural Central Valley of California, the company (teasdale.net) is the largest producer and marketer of canned hominy and beans in the Western U.S., as well as a major producer of conventional and organic canned dried beans in the Midwest. In addition to serving the Hispanic market under its Teasdale brand and other branded products, the company manufactures shelf stable conventional, organic, Hispanic, ethnic, and kosher hominy and bean products for a variety of national and regional foodservice providers, retailers and consumer brands.

About Snow Phipps Group, LLC

Snow Phipps (snowphipps.com) is a private equity firm focused on middle-market control investments. With $1.5 billion of assets currently under management, Snow Phipps targets platform companies with enterprise values ranging from $100 million to $500 million. The firm utilizes an operating partner model to invest across select industries and seek value creation through an operationally focused strategy.

About GE Antares Capital

GE Antares (geantares.com) is a unit of GE Capital. With offices in Atlanta, Chicago, Los Angeles, Toronto, New York, and San Francisco, GE Antares is a leading middle market lender, offering a “one-stop” source for GE’s lending and other services offered to middle market private equity sponsors. GE Antares was recognized by Private Debt Investor and Private Equity International as 2013 Lender of the Year, North America and Mid-Cap Lender of the Year, North America, respectively.

GE Capital (gecapital.com) offers consumers and businesses around the globe an array of financial products and services.

GE works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food/Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Food/Culinary articles,
CATCH Visitors via Your Competitors Announcements!


GE Antares Capital Finances Snow Phipps’ Acquisition of Teasdale Quality Foods, Inc.

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE Capital | Teasdale Quality Foods
Contact: Tara Lambropoulos - GECapital.com 
312-441-7854 / 312-802-9712 (mobile) Tara.Lambropoulos[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Food/Culinary via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Food/Culinary Most Recent Related Press Releases:

DSM Presents its Latest Innovations At EuroTier 2016
Barry Callebaut Group Announces Expansion Plans for U.S. West Coast Facility
Barry Callebaut Expands Chocolate Manufacturing Facility in Singapore
Barry Callebaut Celebrates Grand Opening of its First Chocolate Factory in Indonesia
Frost & Sullivan Recognizes Quintiq as A Leader in Supply Chain for the Food & Beverage Industry
Barry Callebaut and Prova to Launch Joint Project Empowering Vanilla Farmers
Barry Callebaut Joins the 25 Most Sustainable Listed Companies in Switzerland
Barry Callebaut to Extend Strategic Supply Partnership with Mondelēz International in Belgium
Barry Callebaut, IFC, and the IDH Partner to Provide Credit for ‘Productivity Packages’ to Farmers and Co-operatives
Barry Callebaut Opens New, Relocated CALLEBAUT® CHOCOLATE ACADEMY Center in Mumbai

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today