Private Equity
Swander Pace Capital said Sept. 10 that it acquired Café Valley. Financial terms weren’t announced. Café Valley makes croissants, cakes, muffins, and other sweet baked goods for retail and foodservice channels across the United States and Canada.
3 min read · 10 September 2019
Advent International has agreed to acquire a majority stake in DFM Foods Ltd, a provider of packaged snack foods in India. The sellers include WestBridge Capital. According to terms of the deal, Advent will purchase up to 34.1 million DFM shares at a price of INR 249.50 per share.
6 min read · 09 September 2019
Partners Group has acquired a majority stake in BCR Group. Financial terms weren’t announced. BCR is a Chinese retail display solution provider.
2 min read · 09 September 2019
Global Bakeries has acquired Van Nuys, California-based Better Baking Co, a provider of fresh cookies, loaves of bread and pitas to local markets and national chains. No financial terms were disclosed. Surge Private Equity and The Firmament Group invested in the transaction.
2 min read · 06 September 2019
HC Private Investments has acquired a majority stake in Federal Heights, Colorado-based Epicurean Butter Company Inc, a manufacturer of finishing butters for the retail and foodservice industries. No financial terms were disclosed. Integris Partners was financial adviser to Epicurean Butter while Winston & Strawn LLP served as legal counsel to HCPI.
3 min read · 04 September 2019
The Carlyle Group has acquired Atracciones Coney Island SAC and its subsidiaries, Divertrónica Medellín SAS and Yukids SpA. The sellers were Grupo El Comercio and founders Rolando Giha, the Hoyos Family and Matias Allendes. No financial terms were disclosed. Atracciones Coney Island specializes in family-friendly indoor entertainment parks in Latin America.
2 min read · 04 September 2019
Carlyle Group said Sept. 4 that it was partnering with Patrick Doyle, former president and CEO of Domino’s Pizza, to buy companies. Carlyle and Doyle will focus on public and private companies with established brands, proven business models and an enterprise value of up to $10 billion as well as family businesses. Doyle is working with Jay Sammons, Carlyle’s head of global consumer, media & retail.
3 min read · 04 September 2019
Campbell Soup Co said Sept. 2 that it agreed to sell its European Chips business to Valeo Foods, a portfolio company of CapVest Partners LLP, for about 66 million pounds (approximately $80 million). Campbell’s European Chips business includes UK-based Kettle Foods Ltd and Netherlands-based Yellow Chips BV. Barclays and Weil, Gotshal & Manges LLP advised Campbell Soup. David Arnold of Willkie Farr & Gallagher LLP represented CapVest/Valeo.
3 min read · 04 September 2019
Centerbridge is preparing to sell Apcoa, a parking garage manager, which could be valued at more than $1.1 billion, reported Reuters. Centerbridge has hired JPMorgan and Goldman Sachs to serve as sell-side advisers on the sale.
1 min read · 03 September 2019
Campbell Soup Company has agreed to sell its European chips business to Valeo Foods for about $80 million. Barclays and Weil, Gotshal & Manges LLP advised Campbell on the transaction. Valeo Foods is a portfolio company of CapVest Partners LLP.
3 min read · 03 September 2019