OMERS Private Equity to sell Give & Go to Thomas H. Lee

OMERS Private Equity (OPE) has agreed to sell Give and Go Prepared Foods Corp (Give & Go) to Thomas H. Lee Partners, a U.S. private equity firm. No financial terms were released; however, Reuters recently reported that Thomas H. Lee was close to acquiring Give & Go for a sum approaching US$800 million. Based in Toronto, Give & Go is a maker of branded and private-label baked goods. OPE bought the company from Kilmer Capital Partners in 2007. Michael Graham, OPE's senior managing director, North America, said the deal marks the firm's seventh exit in the last three years. He added that OPE has seen about three times its original investment in Give & Go.

DealsCanadaNorth AmericaBriefs