Funds advised by Apax Partners to acquire Tosca.

Funds advised by Apax Partners agreed to acquire Tosca, a leading provider of supply chain solutions and reusable packaging to the perishable markets of protein, eggs, produce and cheese. Financial terms were not disclosed. “Tosca’s reusable packaging solutions drive improved efficiencies throughout the entire perishable supply chain, resulting in substantial business benefits and better overall customer experience. There is significant momentum in the market for reusable and we are excited about the continued growth opportunities Apax affords us.” Eric Frank, Tosca president and CEO.