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New Deal


Announced

Kroger and Lindsay Goldberg to form PearlRock Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Majority

Private

Private Equity

United States

private equity

Pending

Joint Venture

Single Bidder

Private Equity

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Synopsis

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Kroger and Lindsay Goldberg, two private equity firms, agreed to form PearlRock Partners, a new platform that will identify, invest in and help grow the next generation of consumer product brands. Financial terms were not disclosed. “Our partnership with Kroger creates an opportunity to invest in the consumer products industry with unique insights and a competitive edge. Consistent with our track record of making transformative investments with exceptional industry partners, this strategic relationship with Kroger will provide differentiated sourcing and visibility into evolving consumer preferences and brand performance,” Chris Laitala, Lindsay Goldberg Partner.

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