Food and consumer-focused private equity house Kainos Capital has raised more than $1bn for the final close of its third flagship fund. The post Food, consumer-focused Kainos Capital clears $1bn for biggest fundraise yet first appeared
McWin, a private equity firm focused on the foodservice and food technology sectors, has acquired a majority stake in FR L’Osteria SE. The post McWin snaps up stake in Italian restaurant chain L’Osteria first appeared
Food-focused private equity house Proterra Investment Partners has raised more than $200m for the final close of its Asia-focused fund. The post Proterra eyes Asian food sector boom with new $200m-plus fund close first appeared
Gulf Capital has sealed its second successful exit in two weeks with the $100m sale of Chef Middle East to Nasdaq-listed The Chef's Warehouse. The post Gulf Capital scores 2.5x return in Chef Middle East
CVC Credit will provide senior and acquisition facilities to support Advent International’s acquisition of Italian dessert ingredient products IRCA. The post CVC Credit to support Advent International with IRCA acquisition first appeared on AltAssets Private
Italian buyout firm Alto Partners has sold its entire 95% stake in BIA, a European producer and distributor of couscous, to B.F. S.p.A., which is the holding company of Bonifiche Ferraresi. The post Alto Partners
Alternatives investment major Investcorp has bought a majority stake in Sunrise Produce, a wholesale produce distribution company based in Southern California. The post Investcorp buys into Californian produce wholesaler Sunrise first appeared on AltAssets Private
Private equity giant Advent International has bought a 60% interest in Chinese healthy, light food-focused restaurant group Wagas. The company has about 250 locations in China under the Wagas, Baker and Spice, Funk & Kale
Plant-based food and drink investment specialist PowerPlant Partners has raised $330m for its third fund, double the size of its sophomore vehicle. The post Plant-based food and drink investor Powerplant expands to tech and services
Food and manufacturing-focused private equity firm Burlington Capital Partners has bought 127-year-old food ingredients business Sokol & Company. The post 127-year-old Jim Beam, Dickey’s sauces maker Sokol bought by Burlington Capital first appeared on AltAssets
Consumer-focused private equity major L Catterton has bought into Swiss foodtech startup Planted, which is aiming to create plant-based meat which tastes better than the meat from animals. The post Startup using plants to create
Butterfly Equity, the food-focused buyout house launched by former Vista Equity and KKR execs, has scored a big fund size increase through the $1bn final close of its sophomore fund. The post Ex-Vista, KKR execs
Italian buyout house Investindustrial has agreed to acquire significant portions of the meal preparation business of TreeHouse Foods Inc for $950m, representing 13.6x its 2022 estimated EBITDA. The post Investindustrial agrees $950m carve out deal
Alternative protein investor Synthesis has raised more than $300m for its debut fund - the largest VC vehicle ever raised targeting the sector. The post Synthesis raises largest VC fund ever targeting alternative protein sector
Global buyout major Apollo has agreed to sell 67% stake in specialty grocer The Fresh Market to South American retailer Cencosud at a 8x adjusted EBITDA multiple. The post Apollo to exit majority stake in
Ultrafast grocery delivery company Getir entered into decacorn status at $11.8bn valuation thanks to a new $768m funding round. The post Getir becomes decacorn at $11.8bn valuation thanks to a new series E funding round first
EQT has used its Future Fund to makde a significant minority investment in two innovators in fruit genetics. The post EQT Future to invest in fruit genetics companies SNFL, IFG to improve agricultural value proposition
Several private equity houses have entered into the second round of bidding for Royal FrieslandCampina's infant nutrition brand Frisco, which could value the unit at $2bn. The post Barings Asia, Sequoia Capital said to enter
Healthcare-focused buyout house ArchiMed has scored a 4x return selling health ingredients developer Fytexia to trade buyer Associated British Foods. The post ArchiMed seals 4x return through Fytexia trade sale, maintains top performance for 2014-vintage buyout fund
New York-based private equity firm Goode Partners has invested in survival and emergency foods specialist ReadyWise. The post Survival, emergency food specialist ReadyWise gets Goode Partners backing first appeared on AltAssets Private Equity News.
