Health-conscious consumers wary of rising prices have increasingly turned to better-for-you, private-label snacks. Driven in part by Costco’s (Nasdaq: COST) success with its Kirkland brand, private-label goods are losing their stigma as inferior products. That’s why AUA Private Equity Partners recently gobbled up family-owned Weaver Popcorn, a private-label supplier and co-manufacturer. Here’s a deeper look at the middle-market shop’s investment strategy.

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