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Corbel Structured Equity Partners Finances The Astor Group’s Acquisition of Assets of Borough Park Bakery, LLC

Corbel Structured Equity Partners

Advised Corbel Structured Equity Partners on a structured investment into Brooklyn Brands in the form of senior secured debt and preferred equity to support the growth of the company. Brooklyn Brands, LLC, a portfolio company of independent sponsor The Astor Group, is a leading manufacturer and wholesaler of cookies, cakes, breads and pastries nationwide, primarily branded as Lilly’s Homestyle Bakery and Schick’s Gourmet Bakery. The bakery products are sold at Costco, Whole FoodsTrader Joe’s and others as both branded and private-label products.

Santa Monica-based Dayan Rosen led the debt financing component of the transaction and Newport Beach-based Chris Ivey led the equity and acquisition-related aspects.