Capitala Finance Corp. recently invested $20.0 million, with warrant participation, in Tender Greens Holdings, LLC, a leading grower, packer, and shipper of niche tender leaf salad greens to markets throughout North America and the United Kingdom.
Headquartered in Florida, the company has farming operations in eight states and over a 100-year history of growing, packing, and shipping niche tender leaf salad greens. The company boasts a world-class program that encompasses a comprehensive field-to-fork approach and utilizes industry-leading 'best practices' for food safety.
Capitala's investment supports the company's next phase of growth.
Capitala Finance Corp. is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by lower and traditional middle-market companies.