Chelten House Products - Onex Falcon
Chelten House Products
The Company required a junior capital solution to restructure its balance sheet, provide capital to support continued growth, and provide a high certainty of close.
Business Description:
The Company is a leading organic private label manufacturer of pasta sauces, salad dressings, marinades, and condiments, and is a leader in the organic and natural segments of the market.
Falcon Solution:
Falcon worked closely with the Company’s executive team and its new senior lender to complete due diligence and legal documentation under a compressed time frame. Falcon provided a flexible junior capital solution, investing in second lien notes to support the refinancing and provide additional capital for future growth.
