Second Nature Brands adds Tillamook Country Smoker

CapVest Partners LLP-backed Second Nature Brands has agreed to acquire Tillamook Country Smoker, an Oregon producer of clean-label on-the-go meat snacks, from Insignia Capital Group and family shareholders.

Tillamook sells zero-sugar jerky, beef sticks and sausages made with simple all-natural ingredients, serving the protein-snacks and on-the-go snacking markets.

The company generates more than $175 million in sales, operates two manufacturing facilities in Oregon and employs approximately 480 people.

The add-on brings Second Nature Brands into the protein-snacks category alongside Kar's Nuts, Second Nature Snacks, Sahale Snacks, Sanders, Brownie Brittle and Voortman.

The transaction is expected to close in the coming months, subject to customary closing conditions; Terms were not disclosed, and Solomon Partners advised Second Nature Brands.