Breyers Yogurt receives financing for more growth
November 19, 2009
by Eric Schroeder
NEW YORK — Golub Capital said it has provided a new senior debt facility to Breyers Yogurt Co., the largest independent yogurt company and a portfolio company of Catterton Partners. Breyers products include Breyers Fruit-on-the-Bottom, Breyers Light, Breyers Disney, Breyers Inspirations and YoCrunch.
The new facility provided by Golub is expected to be used to support Breyers continued growth and market expansion.
“Breyers Yogurt Co. has achieved strong growth and operating performance,” said Scott Dahnke, managing partner of Catterton Partners. “The financing provided by Golub Capital, who has been a good partner to us, will help ensure that the company maintains a strong balance sheet and has the resources necessary to continue this momentum.”