Creates Main, Standalone Enterprise Serving the Fast-Service Restaurant, Foodservice, and Retail In-Retailer Bakery Markets, with Prime Manufacturers Together with Otis Spunkmeyer, La Brea Bakery, and Oakrun Farm Bakery
Lindsay Goldberg, a number one personal funding agency that focuses on partnering with households, founders, and administration groups, introduced at this time that associates of the agency have entered right into a definitive settlement to accumulate ARYZTA North America (“ANA” or the “Firm”), one of many largest B2B suppliers of frozen baked items within the U.S. and Canada, from ARYZTA AG (“ARYZTA”).
ANA gives breads, candy and savory baked items, and snacks to main prospects within the quick-service restaurant, foodservice, and retail markets throughout the U.S. and Canada. With over 1,500 distinctive merchandise, the Firm has one of many broadest portfolios within the business, together with each personal label and branded choices below the Otis Spunkmeyer, La Brea Bakery, and Oakrun Farm Bakery manufacturers. ANA operates 15 state-of-the-art manufacturing services with over 4,000 staff within the U.S. and Canada. Lindsay Goldberg has deep familiarity and a profitable historical past with a lot of the ANA enterprise, having constructed and bought a predecessor to ANA in 2010.
“ANA is among the main suppliers of high-quality baked items within the U.S. and Canada, and we stay up for partnering with administration to proceed ANA’s custom of serving hundreds of thousands of customers,” mentioned Russell Triedman, Managing Accomplice of Lindsay Goldberg.
Eric Fry, Accomplice at Lindsay Goldberg, added, “We’re excited to accomplice with the ANA administration staff as they execute their technique to drive progress and create worth for his or her prospects by constructing on the Firm’s custom of outstanding customer support and main product innovation.”
“That is an thrilling step within the evolution of our market-leading enterprise and types, and a powerful endorsement of the arduous work and dedication of our gifted staff,” mentioned Tyson Yu, Chief Govt Officer of ANA. “Lindsay Goldberg is famend for its collaborative strategy in partnering with administration groups to construct nice companies. The agency’s in depth business expertise, community of relationships, and broad operational experience place us to keep up the best requirements for meals security and sustainability and speed up our innovation and future progress trajectory.”
The transaction is topic to customary closing situations and regulatory approvals. Houlihan Lokey and Alantra acted as monetary advisors to ARYZTA AG.
About Lindsay Goldberg
Lindsay Goldberg is a non-public funding agency that focuses on partnering with households, founders and administration groups looking for to actively construct their companies. Since 2001, Lindsay Goldberg has raised greater than $17 billion of fairness capital and has invested in over 50 platform firms and over 250 follow-on alternatives. The agency focuses on a various set of industries which have demonstrated resilience throughout financial cycles, together with industrials, enterprise, authorities and monetary companies, and healthcare in North America and Western Europe. Lindsay Goldberg takes a relationship pushed strategy and is supported by its international community of affiliate companions. For extra details about Lindsay Goldberg, please go to www.lindsaygoldbergllc.com.
ARYZTA is a worldwide meals enterprise with a management place in comfort bakery. ARYZTA is predicated in Schlieren, Switzerland, with operations in North America, South America, Europe, Asia, Australia and New Zealand. ARYZTA is listed on the SIX Swiss Change (SIX: ARYN).
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Jonathan Gasthalter / Nathaniel Garnick
Gasthalter & Co.
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