Audax Private Debt Supports Refinancing of Kainos Capital's Portfolio Company JTM Foods

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a senior secured credit facility to support the refinancing of JTM Foods (the “Company”), a leading manufacturer of private label and branded snack pies and crispy treats. JTM Foods is a portfolio company of Kainos Capital, a private equity firm focused on the development of growth-oriented, dynamic, and strategically relevant companies in the food and consumer products sector.

Headquartered in Erie, PA, JTM Foods is a manufacturer of private label and branded snack pies and crispy treats. JTM Foods sells its handheld pies under the JJ’s Bakery brand, in addition to an array of private label snack pies and crispy treats, distributing to grocery, convenience, value, dollar and mass retailers across the country. The company also co-manufactures products for leading branded food companies throughout North America.

ABOUT JTM FOODS
As a trusted source for high-quality snack pies and sweet treats, JTM Foods makes its products fresh every day using homemade dough and real fruit fillings based on classic recipes. JTM Foods sells its handheld pies under the JJ’s Bakery brand, in addition to an array of private label snack pies and crispy treats, distributing to grocery, convenience, value, dollar and mass retailers across the country. The company also co-manufactures products for leading branded food companies throughout North America. To learn more, please visit jjsbakery.net.