Maranon Capital closed a new mezzanine investment to support the acquisition of Kronos Foods by Grey Mountain Partners.

Maranon also co-invested in the equity alongside Grey Mountain and management.

Glendale Heights, IL-based Kronos is a leader in the Mediterranean foodservice market selling gyro meat, pita, flatbread, filo products, hummus and sauces in the U.S. and Canada.

Maranon Capital is an alternative investment management firm focused on private credit investments in middle market companies.

Boulder, CO-based Grey Mountain Partners invests in lower middle-market companies across a wide range of industries and has approximately $700 million of assets under management.