Dawda Mann represented Kar Nut Products Company, a well-known manufacturer of branded trail mix, in the successful sale of the company’s majority stake to an affiliated private equity fund of Palladium Equity Partners LLC (Palladium). The deal closed on Friday, April 3. Financial terms were not disclosed. New York-based Palladium is a private equity firm with approximately $2 billion in assets under management. The firm will look to partner with Kar’s management team to explore growth and expansion opportunities—including new product innovation, potential acquisitions and geographic and channel expansion. To read more about the transaction, please click here.
The Dawda Mann team was led by corporate members Curt Mann, Bill Rosin and Chris Mann. Also working on the transaction were corporate member Marc Salach, and associates Kylie Bergmann and Ryan Olson, real estate member Mike Mulcahy, environmental member Sue Sadler, IP transaction member Brian Balow, employee benefits member Theresa Joswick, and labor and employment member Randal Cole.