This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Babson Capital Management Provides Subordinated Debt, Equity For Arbor Investment’s Purchase Of Columbus Manufacturing

Babson Capital Management LLC, a global investment management firm with more than $154 billion in assets under management and operations on four continents, today announced it provided subordinated debt and made an equity co-investment to support Arbor Investments’ purchase of Columbus Manufacturing Inc.

Babson Capital was the lead provider of subordinated debt on the transaction.

Columbus Manufacturing, based in Hayward, Calif., is the leading provider of premium Italian cured meats and deli meats to the West Coast market and holds the No. 2 position in the premium deli meats category nationally.

“Arbor Investments’ longtime relationship with Babson Capital allowed us to streamline the approval process and complete the acquisition of Columbus Manufacturing in a timely and efficient manner,” said Ryan McKenzie, partner at Arbor Investments. “We value the expertise and depth of experience in the middle market that Babson Capital’s Mezzanine & Private Equity Group brings to every transaction and we look forward to partnering with the team on this and many future investments.”

“Babson Capital is excited about the opportunity to work with our valued partners at Arbor Investments on the Columbus Manufacturing investment,” said Mike Klofas, Managing Director and head of Babson Capital’s Mezzanine & Private Equity Group. “The pedigree of Columbus’ 95-year-old brand, the quality of its products and its exceptional management team all point to an extraordinary growth opportunity that Arbor is uniquely qualified to help Columbus realize.”

About Arbor Investments

Arbor Investments is the recognized leader and market maker in food and beverage private equity. We have been the most active private-equity acquirer of middle-market food and beverage companies for more than a decade. Since our founding in 1999, this has been our sole focus. We have built our reputation as the largest and most successful middle market buyout firm in North American food and beverage by acquiring high-quality niche players, preparing them for the next level of growth and providing the support they need to achieve it. For more information, contact Ryan McKenzie at (312) 981-3774 or visit www.arborpic.com.

About Babson Capital

Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have over $154 billion in assets under management as of September 30, 2012. Through proprietary research and a focus on investment fundamentals, we develop products and strategies that leverage our broad array of expertise in global corporate debt markets, structured products, debt and equity financing for commercial real estate, and alternatives. Headquartered in Boston, the firm’s subsidiaries include Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC. Babson Capital is a member of the MassMutual Financial Group and is on the web at www.BabsonCapital.com.

Stock quotes in this article: BGH 
Copyright Business Wire 2010

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs