Trinity Investors Recapitalizes Devansoy Inc.
September 14, 2022
Trinity Investors, a private equity firm based in Southlake, Texas, invested $27.0 million in Devansoy to recapitalize and fund the company's growth. Devansoy, based in Rock City, Illinois, is a third-party manufacturer of oat, soy, and pea protein bases for dairy-alternative products and will use the capital to expand capacity and capture rising demand for plant-based ingredients.
- Buyers
- Trinity Investors
- Targets
- Devansoy
- Industry
- Food & Beverage
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
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