Concentric Investment Partners (“Concentric”) is pleased to announce a new investment in Farmdale Creamery, Inc. ("Farmdale").

Founded in 1953 and headquartered in San Bernardino, California, Farmdale is a leading producer and distributor of cultured dairy products, including sour cream, cheese, buttermilk, and yogurt. Farmdale offers its signature sour cream in many varieties, including Mexican and Central American styles, as well as natural, reduced-fat, non-fat, and imitation alternatives.

About Concentric
Headquartered in Raleigh, North Carolina, Concentric provides flexible capital solutions to lower-middle market businesses across the United States. The partners at Concentric – Brent Burgess, Matt Young, and Corbin Graves – have worked together for over a decade and collectively invested more than $1.6 billion in over 100 businesses. Concentric is currently investing out of a $266 million fund.

Concentric targets companies with $3-15 million of EBITDA and partners with private equity firms and independent sponsors, as well as directly with business owners, to finance changes of control, acquisitions, recapitalizations, and growth. Concentric typically makes $5-20 million investments in the form of unitranche debt, subordinated debt, and equity co-investments, and can lead debt transactions as large as $50 million.

Please reach out to a member of our team if you would like to discuss a new transaction opportunity.