Armory Securities, LLC is pleased to announce the successful closing of a $60 million Senior Secured Credit Facility and $5 million Unsecured Term Loan for Mariani Nut Company.
Mariani Nut Company was founded by the Mariani family in 1972 and has grown into one of the leading independent, global suppliers of private label and branded almonds, walnuts, and other nut products, operating as a full-scale nut processing and marketing business with deep roots in Northern California agriculture.
Mariani operates two state-of-the-art processing facilities strategically located on over 185 acres in Northern California. The Company’s best-in-class facilities and processing capabilities, commitment to customer service, and industry-leading quality control standards have allowed it to attract a blue-chip customer base of leading global retailers and multinational food suppliers.
Mariani sells over 100 million pounds of almonds and walnuts annually and its portfolio spans across a range of formats, including roasted, blanched, chopped, shelled, and slivered, with contract sourced supply from premium growers across California, reinforcing Mariani’s reputation for delivering the highest quality, California-sourced products.
Armory was engaged in late 2025 to explore financing alternatives. After a robust marketing process which generated over a dozen proposals, Armory was able to quickly secure a $5M unsecured bridge term loan and subsequently close a new $60M senior-secured, revolving line of credit with a leading commercial bank. The successful closing addressed the Company’s complex borrowing base, which included international collateral, grower liens, and seasonal working capital needs. With the new financing in place, an industry-leading leadership team, and a best-in-class reputation for product quality, Mariani is well-positioned to execute its growth plan. The revolving credit facility closed on June 30, 2026.
For information on this transaction or about Armory Securities, please contact one of the following deal team members:
Nicole Nugent
Managing Director
nnugent@armorysecurities.com
310.993.4761
Doug McDonald
Senior Managing Director
dmcdonald@armorysecurities.com
310.721.2671
Ron Papile
Director
rpapile@armorysecurities.com
818.967.6480
Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC