Capital One Leads Senior Credit Facility for e2p’s Acquisition of Daniele

Capital One announced today that it led a senior credit facility in support of the acquisition of Daniele International, LLC (“Daniele” or the “Company”) by Entrepreneurial Equity Partners (“e2p”). Capital One acted as lead arranger and administrative agent for the transaction.

Founded in 1945, Daniele has an authentic Italian heritage and produces a suite of high-quality, innovative specialty Italian charcuterie and deli meats, including prosciutto, salame, and snack packs. The Company sells to hundreds of club, mass, and grocery customers under the Daniele and Del Duca brands and offers private label products for leading retailers. It is headquartered in Mapleville, Rhode Island and employs approximately 600 people across three facilities.

e2p (www.e2pcapital.com) is a middle market Chicago-based private equity firm focused on control-oriented investments in the food and consumer packaged goods industries.

“We’re excited to lead this transaction and utilize our industry expertise to provide the financing solution and the certainty of execution that e2p needed,” said Paul Baisley, Managing Director and Group Head for Capital One’s Food, Beverage and Agribusiness banking team.

Capital One’s Food, Beverage and Agribusiness group specializes in leveraged lending and full-service corporate banking to private, public, and sponsor-backed companies across the entire food value-chain. In addition to corporate lending, it provides a range of corporate services including treasury management, corporate card, derivatives, foreign exchange, and more.