Apax Funds Acquire Bazooka Candy Brands
October 10, 2023
Funds advised by Apax Partners LLP have completed the acquisition of Bazooka Candy Brands from The Tornante Company and funds affiliated with Madison Dearborn Partners. Apax plans to support Bazooka's growth by focusing on distribution expansion, product innovation, geographic expansion, and strategic acquisitions while promoting Tony Jacobs to CEO.
- Targets
- Bazooka Candy Brands
- Sellers
- The Tornante Company, Funds affiliated with Madison Dearborn Partners
- Industry
- Consumer Products
- Location
- New York, United States
- Transaction Type
- Buyout
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