Bregal Partners has made a growth equity investment in Oggi Foods, a maker of branded and private label food products. Oggi manufactures and sells its gluten-free products including Neapolitan style frozen pizzas, pizza crusts, mini pizza bites, mini calzones, and plant-based/vegan pizzas in grocery stores and restaurants across North America. The company was founded in…...
Archives for September 22, 2021
Ardian Invests in MidOcean’s Florida Food
Ardian has acquired a majority equity interest in Florida Food Products (FFP) from MidOcean Partners at an enterprise valuation of $1 billion. Florida Food is a formulator and manufacturer of vegetable and fruit-based ingredients used in beverages; processed and cured meats; soups, sauces, and dressings; and pet food. The company, led by CEO Jim Holdreith,…...
LLCP Doubles Mid-Market Fund, Hits Increased Hard Cap
Levine Leichtman Capital Partners (LLCP) has closed its latest fund, LLCP Lower Middle Market Fund III LP (LMM III), with total capital commitments of $1.38 billion. The new fund was oversubscribed and closed at its increased hard cap. Limited partners in LMM III include existing and new institutional investors across North America, Europe, the Middle…...
Abacus Backs WestView’s Recap of Invisors
Abacus Finance Group has provided senior secured credit facilities to back the minority recapitalization of Invisors by WestView Capital Partners. Atlanta-headquartered Invisors is a provider of IT consulting services with a specialization in the Workday product suite. Workday is a California-based provider of cloud-based financial management and human capital management software. Invisors services include initial…...