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New Deal


Announced

Completed

Apollo completed the acquisition of Tony’s Fresh Market.

Financials

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

Tags

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grocery distributor

Friendly

United States

Completed

Single Bidder

Majority

Food Retailers and Wholesalers

Private

Acquisition

grocery retailer

Domestic

Private Equity

Synopsis

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Apollo Global Management, an American global alternative investment management firm, completed the acquisition of Tony’s Fresh Market, a Chicago-based specialty grocer. Financial terms were not disclosed. "My family has been feeding our communities for generations and are incredibly excited to partner with Apollo to build upon that legacy of fresh and healthy food, at an affordable price and delivered with respect to the many cultures of our customers," Frank Ingraffia, Tony’s CEO.

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