NEW YORK, Jan. 7, 2013 /PRNewswire/ -- CSG Partners, LLC the New York based middle market investment bank, is pleased to announce that we served as the exclusive financial advisor to Ry-Con Specialty Foods, Inc. in the sale of the company to PANOS brands, LLC. Ry-Con is a leading producer and distributor of hormone and antibiotics-free cheese under its Andrew & Everett brand.
"CSG is extremely proud to have worked with Tim Jones and his team at Ry-Con," said Ed O'Brien, a managing director at CSG Partners. "Tim was able to build a strong national brand and it was a pleasure helping him transition the company to PANOS brands where it will continue to grow and prosper under the leadership of Steven Grossman, CEO and the PANOS team. We couldn't be more pleased for Tim and his family and are proud to have met all of his stated objectives."
"I was extremely impressed with Ed O'Brien and the team at CSG Partners and appreciate their guidance throughout the process," said Tim Jones CEO and Founder of Ry-Con. "Their deep understanding of the food industry and vast number of strategic and private equity contacts allowed us the opportunity to receive numerous offers before deciding on the right partner."
About Ry-Con Specialty Foods, Inc.
Ry-Con is a leading producer and distributor of hormone and antibiotics-free cheese and packaged cheese products. The company distributes sliced, bulk, shredded, block, grated and string cheese under its Andrew & Everett brand to large retail markets across the United States.
About PANOS brands, LLC
PANOS manufactures and markets natural and specialty food and beverage products in the U.S. and Canada. Its brands include KA-ME, a comprehensive line of Asian food products; MI-DEL all natural and gluten-free cookies, Sesmark rice and wheat crackers; and Amore cooking pastes.
About CSG Partners, LLC
CSG Partners is a boutique investment bank that specializes in mergers and acquisitions, ESOPs and capital advisory services for middle market companies. Our clients have spanned the full middle market spectrum with transaction values ranging from $10 million to $500 million. CSG Partners operates from offices in New York and San Francisco. For more information on this transaction, contact Ed O'Brien at (212) 584-5090.
SOURCE CSG Partners, LLC