
Bridgepoint acquires Peyman
Bridgepoint has purchased Turkish company Peyman, a producer of packaged dried fruit, nuts and seeds.
The company has been purchased from its founders and Esas Holding. According to reports, the deal was valued at around $110m.
According to the GP, Peyman operates in the fastest growing sub-sector of the Turkish snacks market, estimated to be worth €2bn.
Bridgepoint will support the company's development of new brands and products.
Company
Founded in 1995 and headquartered in Istanbul, Peyman operates in the snacks market, producing packaged dried fruits, nuts and seeds.
Its products are sold in independent convenience stores and supermarket chains. Peyman also exports to 30 countries, predominantly in the Middle East, the Balkans and Asia.
People
Bridgepoint – Martin Dunn (partner).
Advisers
Equity – OC&C (commercial due diligence); PwC (financial due diligence, tax); Balcioglu Selcuk Akman Keki (legal); Stamford Partners (M&A); Terra Consulting (commercial due diligence); The Bridge Consulting (operational due diligence); ERM (environmental due diligence); Marsh (insurance due diligence).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater