Pamplona Capital Management to acquire Signature Foods from IK Investment Partners for $940m.

Private equity firm Pamplona Capital Management agreed to acquire Signature Foods, a provider of chilled convenience food, from IK Investment Partners, a European private equity firm for $940m. "Over the last five years the Company has transformed substantially, as we acquired and launched new brands and products, invested substantially in our production capabilities and grew our footprint in Europe. We are extremely grateful to everyone at IK for their partnership and support, enabling us to be where we are today," Erik Bras, Signature Foods CEO.