Varagon Capital Partners (Varagon) is serving as administrative agent and lead arranger on a senior secured credit facility to support the investment of Giraffe Foods Inc (Giraffe) by Graham Partners.

Headquartered in Toronto, Canada, Giraffe is a manufacturer of custom sauces, marinades, dips, and dressings for industrial food processor, retail, and foodservice customers throughout the US and Canada. Giraffe is benefiting from multiple conversion-driven growth catalysts, including increased demand for private label, global flavours, organic, and better-for-you foods, all of which are fuelling brand, flavour, and product proliferation. Giraffe is well positioned to capitalise on growth within the foodservice, retail, and industrial segments due to the company's experienced, innovation-focused in-house culinary R&D team and state-of-the-art manufacturing capabilities.
 
“We are excited to partner with Graham Partners along the Giraffe management team to support their growth initiatives,” says Charlie Riceman, Partner at Varagon.