Yukon Supports CapVest Partners and Second Nature Brands with the Acquisition of Tillamook Country Smoker
Yukon Partners (“Yukon”), a provider of junior capital for middle market private equity transactions, is pleased to announce its mezzanine investment in Second Nature Brands (“SNB” or the “Company”), a leading creator of premium snacks and treats, to support the acquisition of Tillamook Country Smoker (“Tillamook”), a leader in protein rich clean label on-the-go meat snacks. SNB is a portfolio company of CapVest Partners (“CapVest”).
SNB is a leading creator of premium, better-for-you snacks and treats including Kar’s Nuts, Second Nature Snacks, Sahale Snacks, Sanders, Brownie Brittle, and Voortman. Tillamook is a leader in protein rich clean label on-the-go meat snacks such as zero-sugar jerky, beef sticks, and sausages made from simple all-natural ingredients. The transaction marks SNB’s first investment in the fast-growing protein snacks category.
Adam Butler, CEO of SNB, said: “Tillamook is a great addition to our growing portfolio of better-for-you snacks, known for quality natural ingredients, innovation, and consistently outperforming its competitors on taste and customer satisfaction. With consumer demand for genuinely clean on-the-go protein snacks rocketing, we see fantastic opportunities to leverage our joint expertise and capabilities to bring Tillamook to even more discerning consumers across the U.S. With a winning brand in a highly-attractive growth category worth over $5 billion, the Tillamook team has an impressive track record of driving innovation, growth, and performance, and we look forward to working with them to build on their successes to date and realize our significant ambitions for the Tillamook brand and the wider business.”
