Parties
Company
Entrepreneurial Equity Partners
Company
Furlani Foods
On May 15, 2023, Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, acquired Furlani Foods in a strategic M&A deal. This transaction, first announced on May 15, 2023, involved e2p purchasing Furlani Foods, a manufacturer of specialty garlic breads headquartered in Mississauga, Ontario??.
For nearly 30 years, Furlani has been producing high-quality specialty garlic breads for distribution to North America’s leading retailers and foodservice operators. The company offers a variety of homemade-tasting products, including garlic bread, garlic toast, cheese toast, breadsticks, and garlic knots, from its three bakeries located in the US and Canada.
Legal advisors for the transaction included Stikeman Elliott LLP and Fredrikson & Byron, P.A. for Furlani, and Cassels Brock & Blackwell LLP and Mayer Brown LLP for e2p. This acquisition is aimed at leveraging e2p’s industry knowledge and operational expertise to support Furlani's growth in the North American market.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
15 May 2023