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Configure was a great partner throughout our financing, managing a very efficient process and delivering excellent advice and sage counsel. We deeply value all their support and hard work on this transaction.

- Andrew Kovach
Managing Director at Kingswood Capital Management

Configure Partners Advises Kingswood Capital Management on its Acquisition Financing for PATCO Products, Formerly Corbion’s Caravan Emulsifiers Division


Atlanta, GA — Configure Partners, an investment banking firm specializing in debt placement services, announced today that it served as the exclusive financial advisor to Kingswood Capital Management, LP in securing committed debt capital to support Kingswood’s acquisition of Corbion’s emulsifiers business (formerly known as Caravan Emulsifiers). Moving forward, the company will operate under the name PATCO Products LLC.

PATCO is the only dedicated emulsifier producer in North America with multiple production facilities. The company serves a diverse, long-standing customer base, including some of the largest distributors across the bakery, food and beverage, polymer additives, and other attractive food and non-food end markets.

Configure supported all aspects of the debt financing process, including lender screening, approach to market, transaction structuring, and advising on financing-related documentation.

“Kingswood is excited to partner with PATCO’s leadership team and pursue the company’s next level of growth,” said Kingswood Managing Director Andrew Kovach. “Configure was a great partner throughout our financing, managing a very efficient process and delivering excellent advice and sage counsel. We deeply value all their support and hard work on this transaction.”

“We are pleased to have had the opportunity to work with Kingswood and to have played a role in helping them achieve a successful financing,” commented Configure Director James Bardenwerper. “We look forward to a bright future for PATCO and believe that the partnership with Kingswood enhances the company’s growth prospects and ability to provide superior products and services to its customers.”

About PATCO Products (www.patcoproducts.com)
PATCO provides a range of emulsifier solutions, including glycerides, lactylates, hydrates, esters, and processing aids to the Food, Polymer Additive, Personal Care, and other related industries. PATCO’s products serve a multitude of markets, including bakery, beverages, confectionary products, dairy and non-dairy products, fats and oils, pet food and animal feed, pharmaceuticals and nutraceuticals, processed foods, and polymer additives. PATCO was founded in 1956 as a division of C.J. Patterson Company, with the goal of improving the consumer experience of baked goods. The company’s roots lie in its research and new product development abilities, as shown by the series of emulsifiers it has discovered over the decades. PATCO continues to be the leader in emulsifier research and innovation within a variety of industries. The company is headquartered in Lenexa, KS. For more information, please refer to the PATCO website at www.patcoproducts.com.

About Kingswood Capital Management (www.kingswood-capital.com)
Kingswood Capital Management, LP is a private investment firm primarily focused on investing in businesses in transition. In addition to access to capital, Kingswood brings relevant industry relationships and a broad network of internal and external operating resources that can strengthen the businesses it partners with and enhance value. Kingswood has extensive experience with complex transactions where it provides tailored solutions that balance the objectives of all constituents. For more information, please refer to the Kingswood website at www.kingswood-capital.com.

About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented boutique investment bank headquartered in Atlanta. The firm specializes in debt placement, credit resolution, special situations, and M&A advisory, providing superior client service and execution to middle-market private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. Our people-driven team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our client’s teams, delivering unmatched results and an exceptional client experience. For more information, please refer to the Configure website at www.configurepartners.com.