Brynwood Partners has formed Hometown Food Company to acquire a portfolio of food brands, with total annual revenues estimated at $200 million, from The J.M. Smucker Company for approximately $375 million. The acquired brands include the exclusive US rights to Pillsbury’s shelf-stable baking products, including Funfetti, along with the Hungry Jack, White Lily, Jim Dandy…...
Archives for September 4, 2018
Webster Has Hard Cap Close
Webster Capital has held a final closing of Webster Capital IV LP (Fund IV) at its hard cap of $875 million. The original target for the new fund was $650 million. Fund IV was oversubscribed and received commitments from both new and returning limited partners, including institutional investors from Europe, North America, Asia and Australia…....
Gryphon Buys Logistics Company from Ridgemont
Gryphon Investors has acquired Transportation Insight, an asset-lite provider of enterprise logistics and transportation brokerage services, from Ridgemont Equity Partners which acquired the company in 2014. Transportation Insight is currently active in supporting approximately $4 billion of multi-modal, annual transportation-related spend for over 1,500 logistics and brokerage customers across a range of industries. The company’s…...
