Silver Point Leads $862 Million Financing for Sweet Oak's Acquisition of Whole Earth Brand
Silver Point Leads $862 Million Financing for Sweet Oak's Acquisition of Whole Earth Brand
Fortress Credit served as a Co-Lead Arranger and Co-Bookrunner. Cerberus Capital Management, Monarch Alternative Capital, and certain other co-investors also participated in the financing.GREENWICH, Conn., Aug. 9, 2024 /PRNewswire/ -- Silver Point Finance, the direct lending business of Silver Point Capital, L.P., today announced that it has served as Administrative Agent, Collateral Agent, Joint Lead Arranger, and Joint Bookrunner in the $862 million Senior Secured financing supporting the acquisition of Whole Earth Brands, Inc. ("Whole Earth Brands") by Sweet Oak. The new Credit Facility led by Silver Point also has refinanced Sweet Oak's existing broadly syndicated loan in addition to funding the acquisition alongside Rhône and Mariposa Capital, LLC ("Mariposa").
Silver Point Finance的直接贷款业务Silver Point Capital，L.P.今天宣布，它已作为行政代理人、抵押品代理人、联席贷款安排人和联席承销商，在支持Sweet Oak收购Whole Earth Brands，Inc.的8,6200万美元的高级担保融资中担任以上职位。由Silver Point领导的新信贷设施还为Sweet Oak的现有广泛Syndicated贷款提供了再融资，除了Rhône和Mariposa Capital，LLC ("Mariposa")之外，还资助了收购。
Sweet Oak, which currently owns Royal Oak Enterprises, LLC ("Royal Oak"), completed its acquisition of Whole Earth Brands, a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, including Whole Earth, Pure Via, Wholesome, Swerve, Canderel and Equal, on August 5, 2024. The combined company has been rebranded as Sweet Oak.
Sweet Oak目前拥有Royal Oak Enterprises，LLC ("Royal Oak")，在2024年8月5日收购了全球食品公司Whole Earth Brands，为人们提供高品质的植物甜味剂、增味剂和其他食品，包括Whole Earth、Pure Via、Wholesome、Swerve、Canderel和Equal。合并后公司改名为Sweet Oak。
"The Silver Point Finance team is pleased to partner with Mariposa and Rhône in delivering a powerful financing solution to support the acquisition of Whole Earth Brands and the ongoing growth of the company as Sweet Oak," said Anthony DiNello, Head of Silver Point Finance. "This transaction is a testament to Silver Point's ability to scale into larger deals, driven by our growing balance sheet and heightened syndication capability. Alongside Mariposa's strong operating experience and Rhône's deep industry expertise, our team is excited to support Sweet Oak's continued success as a combined company."
"Silver Point Finance团队很高兴与Mariposa和Rhône合作，为支持Whole Earth Brands的收购和Sweet Oak公司不断增长提供强大的融资方案，"Silver Point Finance负责人Anthony DiNello说。"这项交易证明了Silver Point扩大规模处理更大交易的能力，这是由我们不断壮大的资产负债表和增强的Syndication能力推动的。与Mariposa强大的运营经验和Rhône深厚的行业专业知识一起，我们的团队很高兴支持Sweet Oak作为一家综合公司持续取得成功。"
Fortress Credit served as a Co-Lead Arranger and Co-Bookrunner. Cerberus Capital Management, Monarch Alternative Capital, and certain other co-investors also participated in the financing.
Fortress Credit担任联合贷款安排人和联合承销商。Cerberus Capital Management、Monarch Alternative Capital和其他某些共同投资者也参与了融资。
About Sweet Oak (f/k/a Ozark Holdings, LLC)
Sweet Oak Parent LLC, a Delaware limited liability company, owns Royal Oak and Whole Earth Brands and is indirectly held by a partnership between an affiliate of Mariposa and Rhône Capital VI L.P.
关于Sweet Oak (f/k/a Ozark Holdings，LLC)
Sweet Oak Parent LLC，一个特拉华州有限责任公司，拥有Royal Oak和Whole Earth Brands，是Mariposa和Rhône Capital VI L.P.附属机构之间合作的一部分。
About Royal Oak
Royal Oak is a leading manufacturer and distributor of branded and private label fire building products, including charcoal, artificial firelogs, matches, lighter fluid and other consumable products.
关于Royal Oak
Royal Oak是一家领先的品牌和私人标签火灾建筑产品制造商和分销商，包括木炭、人造火木柴、火柴、引火液和其他消耗品。
About Whole Earth Brands
Whole Earth Brands is a global food company enabling healthier lifestyles and providing access to high quality plant-based sweeteners, flavor enhancers and other foods through a diverse portfolio of trusted brands and delicious products, including Whole Earth, Pure Via, Wholesome, Swerve, Canderel and Equal.
关于Whole Earth Brands
Whole Earth Brands是一家全球食品公司，通过一系列可信品牌和美味产品，包括Whole Earth、Pure Via、Wholesome、Swerve、Canderel和Equal，提供高品质的植物基甜味剂、增 强剂和其他食品，以促进更健康的生活方式。
About Mariposa
Mariposa Capital, LLC ("Mariposa") is a Miami-based family office group founded by Sir Martin E Franklin in 2013. The firm focuses on long term value creation across various industries. Mariposa has longstanding relationships and credibility with investors and has a track record of creating long-term value through accretive M&A and operational expertise.
关于Mariposa
"Mariposa Capital, LLC ("Mariposa") 是Martin E Franklin爵士于2013年创立、总部位于迈阿密的家族办公室集团。该公司专注于各个产业的长期价值创造。Mariposa与投资者有长期关系和信誉，并通过资产配置和运营经验创造长期价值。
About Rhône
Rhône, established in 1996, is a global private equity firm with a focus on investments in businesses with a transatlantic presence. Rhône's investment philosophy includes the development of strong, strategic partnerships with the companies in which it invests. Rhône has a history of successful corporate carve-out transactions and working with entrepreneur and family-led businesses, and operates across its London, New York, Madrid, and Milan offices. Rhône has invested in a diversified portfolio of companies including investments in the consumer, industrial, and business services sectors. For more information about Rhône, its investment professionals, and its current portfolio, please visit: .
关于Rhône
1996年成立的Rhône是一家全球私募股权公司，专注于投资具有跨大西洋业务的公司。Rhône的投资理念包括与其投资的公司发展强大的战略合作伙伴关系。Rhône在成功的公司剥离交易和与企业家和家族企业合作方面有着成功的历史，并在其伦敦、纽约、马德里和米兰办事处运营。Rhône投资于包括消费、工业和商业服务在内的各种公司。欲了解更多关于Rhône、其投资专业人员和当前的投资组合的信息，请访问：
About Silver Point Finance
For over 20 years, Silver Point Finance ("SPF") has been an active participant in the direct lending market, providing customized financing solutions to middle-market companies across a broad range of industries. SPF's transactions support acquisitions, refinancings, bridge loans, growth capital, balance sheet restructurings and leveraged recapitalizations. Along with its affiliates, SPF manages approximately $13 billion in investable capital and, in 2023, agented or arranged approximately $6.2 billion in credit facilities. Silver Point Finance is the direct lending business of Silver Point Capital, L.P., a leader in global credit investing that oversees the management of approximately $31 billion in investable capital. For more information, please visit silverpointfinance.com.
关于Silver Point Finance
20多年来，Silver Point Finance ("SPF")一直是直接贷款市场的积极参与者，为中型企业提供定制化融资解决方案，涵盖广泛的行业。SPF的交易支持收购、再融资、桥接贷款、成长资本、资产负债重组和杠杆化回收。SPF及其关联公司管理着约130亿美元的可投资资本，并在2023年代理或安排了约620亿美元的信贷设施。Silver Point Finance是全球信用投资领域的领导者Silver Point Capital，L.P.的直接贷款业务。欲了解更多信息，请访问silverpointfinance.com。
Contact:
Todd Fogarty / Sophia Swidey
Kekst CNC
[email protected] / [email protected]
联系方式：
Todd Fogarty / Sophia Swidey
Kekst CNC
[email protected] / [email protected]
SOURCE Silver Point Finance, LLC
来源：Silver Point Finance，有限责任公司
