Bain Capital Credit and EBITDA Investments Acquire Bread Holdings (GAIL's Bakery & The Bread Factory)
September 14, 2021
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.
- Buyers
- Bain Capital Credit, EBITDA Investments (backed by Henry McGovern and Steven K. Winegar)
- Targets
- Bread Holdings Ltd (owner of GAIL's Bakery and The Bread Factory), GAIL's Bakery, The Bread Factory
- Sellers
- Risk Capital Partners
- Industry
- Food & Beverage
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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