Truelink Capital acquires Fresno food-ingredient maker Lyons Magnus
LOS ANGELES, July 20. A Los Angeles private equity firm completed its purchase of Lyons Magnus on Monday, picking up a Fresno, California company that develops and manufactures specialty ingredients, beverages, and nutrition products, both companies disclosed. Truelink Capital announced no price.
Key takeaways
- Truelink Capital, a Los Angeles private equity firm, completed its acquisition of Fresno, California-based Lyons Magnus on Monday, July 20.
- Lyons Magnus develops and manufactures specialty ingredients, beverages, and nutrition products, operating across three categories: specialty ingredients, beverage manufacturing, and nutrition solutions.
- Truelink Capital disclosed no purchase price, debt financing, or adviser names for the deal.
- No management changes or integration timeline were announced in connection with the transaction.
- Truelink Capital describes its investment mandate as focused on growth and long-term value creation.
LOS ANGELES, July 20. A Los Angeles private equity firm completed its purchase of Lyons Magnus on Monday, picking up a Fresno, California company that develops and manufactures specialty ingredients, beverages, and nutrition products, both companies disclosed. Truelink Capital announced no price.
The transaction
Truelink Capital said the deal is closed. The release uses the word "completed," which distinguishes this from a signing announcement. No purchase price, debt financing, or adviser names appeared in the disclosure.
Lyons Magnus operates across three categories according to the release: specialty ingredients, beverage manufacturing, and nutrition solutions. The Fresno, California company reported no revenue, headcount, or production figures in the announcement.
Truelink's investment focus
The acquirer, headquartered in Los Angeles, describes its mandate as focused on growth and long-term value creation. Short. The firm did not identify other current portfolio holdings or specify what operational changes Lyons Magnus will face under new ownership.
No management changes were announced. No integration timeline was disclosed.