After Candy Co. Buy, Brynwood Flips TrueNorth Snack Brand

Law360, New York (May 7, 2013, 4:57 PM EDT) -- Connecticut private equity firm Brynwood Partners LP has unloaded its TrueNorth snack brand to B&G Foods Inc., it said Tuesday, a deal that comes less than a week after a separate buy aimed at squeezing more value out of its core confectionery products.

The companies did not disclose the financial terms of the transaction, which closed Monday. They also did not offer a financing breakdown for the deal that gave Brynwood an exit from its TrueNorth investment three years after it bought the brand from PepsiCo...
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