Apax Partners has closed the acquisition of Bazooka Candy Brands from Tornante Company and Madison Dearborn Partners. New York City-headquartered Bazooka produces, markets, and distributes a range of candy products including lollipops, gummies, chewy candy, gum, and chocolate under the brands Ring Pop, Push Pop, Baby Bottle Pop, Juicy Drop, and Bazooka Bubble Gum. Tornante […]
Archives for October 12, 2023
SK Capital Buys J&K from CORE
SK Capital Partners has agreed to acquire J&K Ingredients, a maker and supplier of food and beverage ingredients and a portfolio company of CORE Industrial Partners. CORE acquired J&K Ingredients in October 2020 from privately held Sausville Foods. J&K’s bakery ingredients total more than 400 SKUs in 13 categories including bread and roll bases, dough […]
AEA Banks $1.3 Billion for Newest Small Business Fund
AEA Investors has held an oversubscribed closing of its fifth small business private equity fund (SBPE), AEA Investors SBF V LP (Fund V), with more than $1.3 billion in total equity commitments surpassing its $1.0 billion target. Fund V represents an increase of over 50% of third-party capital from the firm’s earlier fund which closed […]
Warburg Pincus Closes Fund 14 Above Target
Warburg Pincus has closed its fourteenth fund, Warburg Pincus Global Growth 14 LP (Fund 14) with $17.3 billion of capital. Warburg began fundraising in 2021 with a target of $16 billion. Fund 14 is the largest-ever fundraise in the firm’s 57-year history, exceeding its previous global flagship fund which closed with $15 billion of capital […]