Sectors
Foley & Lardner LLP served as legal advisor to Wynnchurch Capital and portfolio company Archer Foodservice Partners, a leading provider of foodservice consumables, in its agreement to acquire the foodservice business of SternoCandleLamp Holdings Inc from Compass Diversified (NYSE: CODI).
Sterno is the leading provider of food-warming and tabletop solutions, known for its chafing fuel products used across catering, hospitality, and foodservice applications through retail and distribution channels. The majority of the Sterno products are self-manufactured in-house at production facilities in Texarkana, Texas; Memphis, Tennessee; and La Porte, Indiana. The transaction will further broaden Archer’s portfolio of leading foodservice products.
The Foley private equity M&A team was led by partners Omar Lucia and Gjina Lucaj with support from associates Zachary Ulewicz, Annemarie Ficarra, and Bayleigh Sauerward.
