Graham Partners Inc. made an investment of an undisclosed sum in Canada-based custom sauce, dips and dressings maker Giraffe Foods Inc.
The transaction marks Graham's fourth investment in 2018. The capital will be used to support Giraffe's growth plan, which includes operational initiatives to drive profitability, geographic expansion and add-on acquisitions.
Graham invests in advanced manufacturing and industrial technology businesses in the middle market.
Varagon Capital Partners served as administrative agent and lead arranger on a senior secured credit facility to support Graham in the transaction.