Mazzone advises on management buyout and secures senior debt financing for J.J. Jardina
Mazzone & Associates is pleased to announce it acted as exclusive financial advisor to J.J. Jardina (“Jardina” or the “Company”) in the successful execution of a management buyout (“MBO”) and the closing of a new senior debt financing from Synovus, now Pinnacle Financial Partners.
Based in Atlanta, GA and founded in 1925, Jardina is a third-generation, family-owned wholesale distributor of fresh produce serving the Southeast. Jardina offers a broad portfolio of locally, nationally, and internationally-sourced produce and serves a diversified customer base across retail, foodservice, and wholesale channels.
The financing will support a shareholder buyout while ensuring the Company’s continued growth and operational stability. Following the transaction, Larry and Matt Jardina will continue to lead the Company, maintaining its century-long legacy and strong relationships with customers and suppliers.
Larry Jardina, President of Jardina commented, “This transaction represents the start of a new chapter for J.J. Jardina, and I am proud of the legacy that we will continue. The Mazzone team was instrumental in helping us navigate the financing and transaction to positioning the Company for long-term success.”
Matt Jardina, Vice President of Jardina added, “We are committed to honoring our century-long history and values as we move forward. Synovus is an exceptional financial institution, and we look forward to our partnership ahead.”
Dustin Ramsey, Director at Mazzone, noted, “We’re pleased to have supported the Jardina team in securing financing and executing the MBO transaction. This success underscores our ability to deliver tailored capital solutions that align with our clients’ long-term objectives.”
About J.J. Jardina
Founded in 1925, J.J. Jardina has grown from a small family operation into a leading produce wholesaler in the Southeast, known for premium-quality fruits and exceptional service. Now in its third generation of family leadership, the Company combines a commitment to quality with strong customer and vendor relationships, maintaining a loyal client base and Blue Book ratings. Rooted in tradition, yet responsive to evolving market needs, J.J. Jardina continues to set the standard for produce distribution in the Southeast. For more information, please visit www.jjjardina.com.
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