EG Group Acquires Cooplands Bakery

ASDA Acquires EG Group's UK & Ireland Business

October 31, 2023

Retail

ASDA has completed the acquisition of EG Group’s UK and Ireland operations, comprising 356 petrol filling stations and 462 food-to-go locations. The deal accelerates ASDA’s convenience retail strategy, substantially expanding its forecourt and convenience footprint and making ASDA the #3 convenience retailer in the UK.

EG Acquires Lindbak Retail Systems AS

June 3, 2019

Software

Danish software company EG has acquired Norwegian retail software firm Lindbak Retail Systems AS, marking EG's first acquisition under the ownership of Francisco Partners. Lindbak will operate as an independent business area within EG, with its management and ~130 employees transferring to EG to strengthen EG's retail software capabilities across Scandinavia.

GS Foods Group Acquires C&C Produce

September 9, 2021

Food & Beverage

GS Foods Group, a specialized foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners, has acquired C&C Produce, a Kansas City–based specialty produce distributor established in 1992. The C&C co-owners will continue to lead operations from their existing facility as the deal expands GS Foods' geographic footprint and produce capabilities across education, foodservice and retail end markets.

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.

Graham Partners Acquires Commercial Bakeries Corporation

September 27, 2023

Food & Beverage

Graham Partners, a Philadelphia-based private equity firm, has acquired Commercial Bakeries Corporation, a Toronto-headquartered producer of private-label and co-manufactured cookies. The acquisition, sourced through Graham's Investment Theme Program, positions the firm to expand in private-label bakery manufacturing and supports a founder succession/exit from the company's former family owners.

Bain Capital Credit and EBITDA Investments Acquire Bread Holdings (GAIL's Bakery & The Bread Factory)

September 14, 2021

Food & Beverage

Bain Capital Credit, in partnership with EBITDA Investments (backed by Henry McGovern and Steven K. Winegar), has acquired Bread Holdings Ltd, the parent of GAIL's Bakery and The Bread Factory, from Risk Capital Partners for a reported consideration of over £200 million. Management, including CEO Tom Molnar, remain in place and chairman Luke Johnson retains a stake and board seat; part of the proceeds will be distributed to nearly 2,000 employees as the buyer supports the group's next phase of growth and expansion.