Friend Skoler Announces Investment in Banza LLC

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SADDLE BROOK, NEW JERSEY, March 2017 -- Friend Skoler & Co., LLC, a private equity firm that invests in leading companies in the smaller end of the middle market, has completed a growth capital investment in Banza LLC.  Banza manufactures and markets legume-based foods under the Banza® brand. 

 

Founded in 2014, Banza is a food innovation company dedicated to making the foods people love better by using nutritious ingredients.  The Company’s current product line includes foods based on legume flours, including a variety of pastas and shelf-stable macaroni & cheese.  In addition to superior taste and texture, Banza’s products are high in protein and fiber and have a low glycemic index.  The Company’s products are sold primarily to conventional and specialty grocery retailers in the U.S.  Banza is led by founders Brian Rudolph and Scott Rudolph.

  

About Friend Skoler & Co.

 

Founded in 1998, Friend Skoler & Co., Inc. is a private equity firm that invests in leading companies in the smaller end of the middle market in partnership with management.  FSC typically invests between $3 million and $20 million of equity per transaction.  A key element of the firm's strategy is to leverage its extensive experience as investors in and operators of middle market companies.  Friend Skoler is headquartered in Saddle Brook, NJ.  For additional information, please visit www.friendskoler.com.

 

About Banza LLC

 

Banza is a manufacturer and marketer of legume-based foods, including traditional dried pasta and macaroni & cheese, sold under the Banza® brand.

 

For more information, please visit www.eatbanza.com.

 

For additional information, contact:
Steven Skoler

Friend Skoler & Co., LLC
201-712-0075