Novus Foods Secures Financing from CVC Credit for Noosa Acquisition
Deal News | Aug 12, 2025 | CVC Capital Partners
CVC Credit has provided a tailored financing solution to Novus Foods, a company backed by CapVest, to aid in its acquisition of noosa, a food producer. Novus Foods is a US-based platform specializing in refrigerated foods such as dips, desserts, salsa, and yogurt, distributed to all major US food retailers. The company operates six manufacturing facilities and employs over 1,200 people. This investment came through CVC Credit's Capital Solutions strategy, which targets providing bespoke financing to established medium to large companies in Europe and the US, facilitating their M&A activities, refinancing, or liquidity events.
Sectors
- Food and Beverage
- Private Equity and Venture Capital
- Financial Services
Geography
- United States – Novus Foods is a US-based company with nationwide distribution and operations.
Industry
- Food and Beverage – Novus Foods operates in the refrigerated foods sector with products like dips, desserts, and yogurts.
- Private Equity and Venture Capital – CVC Capital Partners and CapVest are involved, both of which are private equity firms.
- Financial Services – CVC Credit provides financing solutions, which is part of the broader financial services industry.
Financials
- – The specific financial terms of the deal were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CVC Capital Partners | Financing Provider | Company | A leading global private equity and investment advisory firm. |
| Novus Foods | Target Company | Company | A leading US refrigerated foods platform backed by CapVest. |
| CapVest | Backing Private Equity Firm | Company | An international private equity firm backing Novus Foods. |
| CVC Credit | Financing Arm | Company | Provides bespoke financing solutions through CVC Capital's strategies. |
| noosa | Acquisition Target | Company | A food producer being acquired by Novus Foods. |