Announced
Completed
Financials
Tags
Food Retailers and Wholesalers
Auction
chocolate confectionery
Canada
chocolate
Majority
Friendly
candy
Acquisition
confectionery
Private
Domestic
Private Equity
Completed
Synopsis
Clearspring Capital Partners, a private equity firm, completed the acquisition of a major stake in Regal Confections, a distributor of candies and confectionery products. Financial terms were not disclosed. "Numerous growth opportunities lie ahead for Regal Confections. Clearspring is proud to partner with CEO Hani Basile and his team. We look forward to investing in people and in infrastructure to strengthen the portfolio of products and brands, and bolstering Regal's national leadership as an independent value-added distributor in the candy, chocolate and gourmet foods segments," Milap Choksey, Clearspring Capital Principal.
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