LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to support the recapitalization of Legacy Farms, LL by Silver Oak Services Partners in partnership with management.
LBC served as the Agent and Sole Lender for the senior secured credit facilities.
Headquartered in Buena Park, CA, Legacy is a fresh vegetable and fruit supplier to grocers and food service providers in the Western U.S. The company sources produce from over 250 global suppliers and specializes in dry vegetables (e.g. bell peppers, tomatoes, squash, etc.) while also offering a wide selection of fresh fruits. Legacy also provides numerous value-added services for its customers including quality assurance, repacking, merchandising, and ripening.