Hatch Chile Company
Madison Street Capital acted as the exclusive financial advisor in arranging a $7.0 million mezzanine facility for its client, Hatch Chile Co. The facility was provided by Farragut Capital Partners (“Farragut”).
Barry Petersen stated “we were fortunate to work with Hatch founder and CEO Steve Dawson and his entire team, and Phil McNeill, Managing Partner of Farragut Capital Partners in completing the re-cap. They will prove to be potent partners going forward.”
Steve Dawson founded Hatch Chile Company in 1987 in Albuquerque, NM. Hatch Chile is a branded packaged food company with double digit growth distributing through major retailers throughout the U.S. Hatch is the fastest growing brand in the Hispanic section, and is the market leader in Gluten Free, and Non-GMO products.
Formed in 2011, Farragut Capital Partners, LLC is a privately-held investment management firm providing mezzanine debt and equity capital to finance leveraged and management buy-outs, generational transfers, growth capital financings, and recapitalizations. It seeks to invest in established small and middle market companies with proven business models and stable cash flows.