Olympus Partners has sold Ann’s House of Nuts, a manufacturer of private label and branded snack nut and trail mix products.
Olympus has owned Ann’s since July 2008.
Rob Morris of Olympus Partners says: “We are very pleased with this outcome. The Ann’s management team has done an extraordinary job in executing on the growth opportunities we saw in the healthy snack category.”
Founded in 1988, Olympus Partners is a Connecticut-based private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion.
Olympus manages in excess of USD3bn on behalf of corporate pension funds, endowment funds and state-sponsored retirement programmes.