Maranon Capital has provided a senior credit facility to back Kainos Capital‘s recapitalization of Green Bay, Wisconsin-based Bonewerks, a provider of sauce products. No financial terms were disclosed.
CHICAGO–(BUSINESS WIRE)–Maranon Capital, L.P. today announced that it was Agent for the senior credit facility to support the recapitalization of Culinarte’ Marketing Group, LLC (dba “Bonewerks”) by Kainos Capital.
Founded in Green Bay, Wisconsin in 1998 by Ed Driscoll and Tom Sausen, Bonewerks provides the highest quality chef-inspired sauce products for center of the plate entrées, including ranges of premium glace and demi glace, as well as fully-prepared, oven-seared sous vide entrées. These products are used by discerning chefs in a variety of settings including white table cloth restaurants, catered events, sporting venues and hospitality dining. For more information about Bonewerks, please visit www.BonewerksCulinarte.com.
About Maranon Capital
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $3.5 billion of capital. For more information about Maranon Capital please visit www.MaranonCapital.com.
About Kainos Capital
Kainos Capital is a middle market private equity firm with an exclusive focus on the food and consumer sector. The Kainos team has extensive investment and operating experience in the industry, having completed over 60 transactions with a total value of more than $8.5 billion. For more information, visit www.KainosCapital.com.