Trinity Capital LLC served as exclusive financial advisor to L&L Foods, Inc. on its successful recapitalization with CIC Partners, LP. As part of our engagement, Trinity developed and executed a competitive process to identify the ideal partner for L&L Foods. This recapitalization will better enable L&L Foods to pursue its key growth initiatives, including (i) further penetration of existing customers with new products, (ii) expansion of its production capabilities across the U.S. and (iii) broadening its customer base and markets served.
L&L Foods, headquartered in Anaheim, California, is a leading provider of niche food packaging solutions with strong expertise in portion control. The Company’s unique capabilities allow it to serve as a value-added service provider in the formulation, sourcing and packaging of retail and foodservice packaged food products. The Company’s primary packaged products include salad kits; dried products such as croutons, nuts and seeds; dried fruit and spice packets. L&L Foods has demonstrated rapid growth of sales since inception, which has been facilitated by a disciplined commitment to provide its customers with a “one-stop” solution for consumer food products while operating an efficient, low-cost operation.