Chicago-based private investment firm HC Private Investments made a strategic investment in Epicurean Butter, a finishing butters manufacturer.
Epicurean Butter co-founders Janey and John Hubschman will continue in senior leadership roles and retain a significant minority stake in the company.
HC Private plans to help the company with its sales growth and strategic investments in manufacturing capabilities and personnel.
HC Private backs lower-middle-market manufacturing companies in the consumer and industrial sectors.
Signature Bank provided debt financing for the deal. Winston & Strawn LLP was legal adviser to HC Private, while Integris Partners was financial adviser to Epicurean Butter.
