Norwalk, CT – January 22, 2025 – Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as the Administrative and Collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron Holdings (“Branding Iron”). Branding Iron is an industry leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats. Headquartered in Sauget, IL, Branding Iron provides a broad array of protein products for foodservice distributors, grocers and restaurants.
Encina provided a first out tranche in the form of a revolving credit facility and a term loan.
Configure Partners served as Branding Iron’s advisor in connection with the financing.
About Encina Private Credit
Encina Private Credit is a specialty finance company that partners with direct lenders to provide first out enterprise value loans to private equity-sponsored and non-sponsored borrowers. EPC provides credit solutions in the form of first out priority revolvers including L/C sublimits, term loans and DDTLs and typically invests between $15 million and $100 million per transaction. For additional information, please visit EPC’s website at https://privatecredit.encinacapital.com/.