Apax Funds completed the acquisition of Bazooka Candy Brands from Tornante Company and Madison Dearborn Partners.

Apax Funds, a global private equity advisory firm, completed the acquisition of Bazooka Candy Brands, a portfolio of non-chocolate confectionary brands, from Tornante Company, an American privately held investment firm, and Madison Dearborn Partners, a private equity firm. Financial terms were not disclosed. "It’s rare to have the opportunity to partner with a business that can boast the success and heritage that Bazooka has, and we are excited to work with the entire team on this next chapter for the business," Nick Hartman, Apax Partner.