Consumer goods

LongRange to acquire fast food chain Pizza Hut for $1.5bn

Pizza Hut China is excluded from the transaction.

Altor, Strawberry, TDR Capital to exit of Nordic Leisure Travel Group for $846m

Nordic Leisure Travel Group operates brands including Ving, Spies and Tjäreborg alongside 26 concept hotels in destinations including Spain and Greece.

Encore sells beverages manufacturer Twang Foodservice

The buyer was Solina, the US division of a European custom ingredient manufacturer.

Bertram Capital-backed Ridgeline Roofing picks up Freemont Roofing

Ridgeline is a provider of residential and commercial roofing solutions.

Kainos Capital acquires sod and grass seed supplier Super-Sod from Heartwood

Partners Capital participated as a lead co-investor on the transaction.

Gemspring backs motorcycle parts retailer Comoto

Comoto’s existing majority shareholder Prospect Hill Growth Partners will retain its ownership position in the company.

CapVest-backed Second Nature Brands to acquire meat snacks brand Tillamook

The sellers include Insignia Capital Group and family shareholders.

PAI Partners to take majority stake in Arlettie

Arlettie organizes exclusive private sales, staff sales and inventory-clearance events for luxury brands.

Waldencast to sell its skincare line Obagi Medical to Bridgepoint for $460m

Based in London, Waldencast is a beauty and wellness platform.