NEW YORK–(Organization WIRE)–Lindsay Goldberg, a primary non-public expenditure business that focuses on partnering with people, founders, and management groups, declared right now that affiliate marketers of the business have entered into a definitive arrangement to purchase ARYZTA North The us (“ANA” or the “Company”), 1 of the greatest B2B companies of frozen baked goods in the U.S. and Canada, from ARYZTA AG (“ARYZTA”).
ANA gives breads, sweet and savory baked items, and treats to top buyers in the quick-support cafe, foodservice, and retail marketplaces throughout the U.S. and Canada. With about 1,500 distinctive products and solutions, the Business has a single of the broadest portfolios in the industry, including both equally non-public label and branded choices underneath the Otis Spunkmeyer, La Brea Bakery, and Oakrun Farm Bakery brand names. ANA operates 15 point out-of-the-artwork creation amenities with over 4,000 staff members in the U.S. and Canada. Lindsay Goldberg has deep familiarity and a productive heritage with substantially of the ANA small business, acquiring crafted and bought a predecessor to ANA in 2010.
“ANA is one particular of the foremost suppliers of superior-high-quality baked items in the U.S. and Canada, and we glimpse forward to partnering with administration to go on ANA’s tradition of serving thousands and thousands of buyers,” claimed Russell Triedman, Handling Spouse of Lindsay Goldberg.
Eric Fry, Husband or wife at Lindsay Goldberg, added, “We are thrilled to associate with the ANA administration staff as they execute their approach to travel development and create value for their consumers by setting up on the Company’s tradition of outstanding consumer service and main solution innovation.”
“This is an interesting step in the evolution of our industry-foremost business enterprise and models, and a solid endorsement of the hard work and dedication of our gifted workforce,” said Tyson Yu, Main Executive Officer of ANA. “Lindsay Goldberg is renowned for its collaborative tactic in partnering with management teams to create excellent organizations. The firm’s considerable business encounter, network of interactions, and broad operational abilities placement us to maintain the optimum expectations for food items security and sustainability and speed up our innovation and foreseeable future advancement trajectory.”
The transaction is subject matter to customary closing situations and regulatory approvals. Houlihan Lokey and Alantra acted as financial advisors to ARYZTA AG.
About Lindsay Goldberg
Lindsay Goldberg is a private financial investment organization that focuses on partnering with people, founders and administration teams seeking to actively establish their businesses. Because 2001, Lindsay Goldberg has lifted a lot more than $17 billion of fairness funds and has invested in in excess of 50 system companies and in excess of 250 comply with-on prospects. The agency focuses on a numerous established of industries that have shown resilience throughout economic cycles, which includes industrials, organization, government and economic services, and health care in North America and Western Europe. Lindsay Goldberg requires a marriage pushed solution and is supported by its worldwide community of affiliate partners. For additional data about Lindsay Goldberg, be sure to pay a visit to www.lindsaygoldbergllc.com.
ARYZTA is a world food items business with a leadership position in ease bakery. ARYZTA is primarily based in Schlieren, Switzerland, with functions in North The usa, South The us, Europe, Asia, Australia and New Zealand. ARYZTA is outlined on the Six Swiss Trade (6: ARYN).