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The deal includes the brands Duke's Mayo, Mateo's Gourmet Salsa and Kernel Season's popcorn seasoning, among others.
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BOSTON & RICHMOND, Va.--(BUSINESS WIRE)--Advent International (“Advent”), a leading global private equity investor, today announced that it has signed a definitive agreement to acquire Sauer ...
Advent International, based in Boston, is one of the largest private equity firms with $94 billion in assets and investments across 43 countries. With over 600 employees in 15 offices, Advent ...
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Credit: Wirestock Creators/Shutterstock. Private equity firm Advent International has signed an agreement to acquire Sauer Brands, the owner of Duke’s Mayo, from Falfurrias Capital Partners.
Moneycontrol was the first to report the firm's sale plans on December 2. Advent International is expecting a valuation between $1.5 bn to $2bn for its portfolio company, the report had added.