Investcorp and China Resources Acquire Majority Stake in City Super Group

Investcorp-led Consortium Invests in Mo Xiaoxian

December 10, 2021

Food & Beverage

Funds managed by a joint venture formed by Investcorp, China Resources Capital Management and Fung Strategic Holdings (via the Asia Food Growth Fund I) completed a growth investment in Mo Xiaoxian, a Shanghai-headquartered instant food brand. The capital will support the company's expansion of its multi-channel distribution and scale its self-heating hotpot and instant meal product lines across China.

Investcorp, China Resources and Fung Strategic Invest in Heritage Foods

June 30, 2021

Food & Beverage

Investcorp, in partnership with China Resources and Fung Strategic Holdings, announced an investment in Heritage Foods through its Asia Food Growth Fund I to support Heritage Foods as a buy-and-build platform for condiments and sauces across Asia. Heritage Foods is headquartered in Hong Kong, operates regional offices and manufacturing in Japan, Singapore and Malaysia, employs over 300 people, and owns historic brands such as Hamada Shoyu, Bidor Kwong Heng and Woh Hup Food. The investment is intended to back Heritage Foods’ bolt-on acquisition strategy and international expansion into retail and foodservice channels.

Investcorp Acquires Majority Stake in Viz Branz

November 16, 2020

Food & Beverage

Investcorp has entered into a definitive agreement to acquire a majority ownership position in Viz Branz Holdings Pte Ltd, a Singapore-headquartered manufacturer and distributor of instant cereal and beverage brands. The transaction was completed in partnership with CR Capital (the private investment arm of China Resources Group) and Fung Strategic Holdings; founder and CEO Mr. Ben Chng will retain a significant ownership stake. Viz Branz operates manufacturing facilities in China and Myanmar, employs approximately 1,300 people and generated about SGD 170 million in sales for the year to 30 June 2020.

Investcorp Acquires Majority Interest in CM Investment Partners

June 30, 2019

Financial Services

Investcorp Credit Management US LLC agreed to acquire a majority ownership interest in CM Investment Partners LLC (CMIP) from funds managed by Cyrus Capital Partners and Stifel Venture Corp, with CMIP co‑CIOs Michael Mauer and Christopher Jansen retaining a minority stake. Simultaneously, Investcorp BDC Holdings Limited entered a stock purchase agreement to acquire up to 10% of CM Finance Inc. over a two‑year period; the transaction was expected to close in Q3 2019 subject to customary regulatory approvals.

Investcorp Acquires Majority Stake in Sunrise Produce

October 4, 2022

Food & Beverage

Investcorp has acquired a majority stake in Sunrise Produce, a Southern California-based wholesale produce distributor headquartered in Fullerton, California. The investment will support Sunrise’s growth plans, enabling geographic expansion and potential add-on acquisitions while founder Paul Carone retires and CEO David Sapia remains a significant shareholder.

Investcorp Takes Majority Stake in SEC Newgate

July 3, 2023

Marketing & Advertising

Investcorp signed a definitive agreement to invest approximately $100 million to acquire a majority stake in SEC Newgate, valuing the Italy-headquartered strategic communications and advocacy group in excess of $250 million. The deal (subject to customary closing conditions) will support SEC Newgate's growth strategy — including geographic expansion across EMEA and APAC and growth via M&A — while existing shareholders roll over roughly 100% of their equity.