Graycliff Partners has made an investment in Graybill Processing (Graybill), a food by-product recycling company based in Pennsylvania, partnering with Dallas-based private equity company NCK Capital, to provide subordinated debt and equity financing to the company.
Graybill has recycled food by-products in Pennsylvania for over 20 years. The Company collects food manufacturing by-products such as packaged candy, raw candy inputs and bakery goods and processes it into quality, high-energy animal feed for hogs, dairy cattle and beef cattle.
“Graybill has carved a unique niche in the animal feed market, providing value to both its suppliers by handling challenging food by-products and waste and its customers by offering a low cost yet nutrient dense livestock feed supplement,” says Duke Punhong, Managing Director, Graycliff Partners. “We look forward to working with our partners at NCK Capital and the team at Graybill to execute the strategic initiatives we have identified and position the company for future growth.”
