FountainVest Partners Acquires CFB Group from EQT Private Equity

Primavera and FountainVest Acquire Remaining EQT Stake in LBX Pharmacy

November 27, 2019

Healthcare Services

Primavera Capital Group and FountainVest Partners bought EQT Greater China’s remaining 24.78% stake in LBX Pharmacy Chain Joint Stock Company (LBX) at RMB 55.0 per share, in a transaction signed and closed on 27 November 2019. LBX is a leading discount pharmacy superstore chain founded in Hunan province that operates thousands of self-owned and sub-franchised drugstores across China; the sale represents a divestiture by EQT and a strategic ownership transition to the consortium.

EQT Private Equity and Vitruvian Partners Invest in CFC

October 21, 2021

Insurance

EQT Private Equity (EQT IX) has agreed to make a significant investment in CFC alongside existing investor Vitruvian Partners and CFC management. The capital will support CFC's continued investment in technology and growth as the specialist cyber and emerging-risks insurer scales its global platform and product offering.

CFS Brands Acquires Cornerstone Foodservice Group

December 4, 2025

Manufacturing

CFS Brands, the Oklahoma City–based foodservice products manufacturer, has acquired Cornerstone Foodservice Group (CFG), the Naperville, Illinois–headquartered owner of Spring USA, LloydPans, Equipex, Astra and Versa‑Gard. The deal brings CFG’s manufacturing footprint and complementary commercial foodservice equipment brands into CFS Brands’ portfolio to broaden product capabilities and deepen its front- and back-of-house offering.

Beach Point Capital Acquires Metro Franchising from Quilvest Capital Partners

September 25, 2024

Restaurants & Hospitality

Beach Point Capital Management LP has completed an investment to acquire a majority stake in Metro Franchising, the largest Dunkin' franchisee in the New York City metro region with 105 units, from Quilvest Capital Partners. Quilvest exits after growing Metro from 44 to 105 units; Beach Point's capital will support Metro's next phase of growth under new ownership.

Pearl Street Equity Acquires Famous Brands Franchising (Mrs. Fields & TCBY)

October 25, 2023

Food & Beverage

Pearl Street Equity LLC, a New York-based single-family office, has acquired Famous Brands Franchising (the parent company of Mrs. Fields and TCBY). The Salt Lake City–headquartered franchising business operates more than 350 franchised locations worldwide and will pursue expanded franchisee support and global growth under new ownership.

Bain Capital Acquires Significant Stake in 1440 Foods

December 13, 2023

Food & Beverage

Bain Capital Private Equity has signed a definitive agreement to acquire a significant stake in 1440 Foods, a New York–based portfolio of sports and active nutrition brands, alongside existing investor 4x4 Capital. The transaction (expected to close in December) will leave CEO Azania Andrews and the current management team in place; debt financing is being provided by Fortress Investment Group.