Capital One led a senior credit facility to support the acquisition of Daniele International by Entrepreneurial Equity Partners.
Capital One acted as lead arranger and administrative agent for the transaction.
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Founded in 1945, Daniele produces a suite of high-quality, innovative specialty Italian charcuterie and deli meats, including prosciutto, salame, and snack packs. The company sells to hundreds of club, mass, and grocery customers under the Daniele and Del Duca brands and offers private label products for leading retailers.
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e2p is a middle market Chicago-based private equity firm focused on control-oriented investments in the food and consumer packaged goods industries.
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“We’re excited to lead this transaction and utilize our industry expertise to provide the financing solution and the certainty of execution that e2p needed,” said Paul Baisley, managing director and group head for Capital One’s Food, Beverage and Agribusiness banking team.
