- Fredrikson & Byron, P.A. served as legal advisor to Astara while Cascadia Capital LLC was financial advisor
- Wyandot was founded in 1936
- Astara Capital Partners targets the middle market
Astara Capital Partners has made an investment in Marion, Ohio-based Wyandot, a maker of snack foods, cereal and better-for-you offerings. No financial terms were disclosed.
Wyandot CEO Dewey Armstrong will continue to lead the company.
Wyandot was founded in 1936.
“Wyandot is a leading manufacturer of snack foods with long-standing customer relationships and a strong reputation for quality, customer service and product innovation,” said Lindsey Tannenbaum, a partner of Astara in a statement. “As a result of Astara’s investment, Wyandot will benefit from being debt-free and having access to significant strategic, operational, and financial resources of Astara.”
Fredrikson & Byron, P.A. served as legal advisor to Astara while Cascadia Capital LLC was financial advisor.
Astara Capital Partners targets the middle market. Astara focuses on a variety of sectors that include packaging and converting, food, building products, forest products, and industrial manufacturing, distribution, and services.