26North Partners to acquire a 51% stake in residential kitchen business of Middleby for $451m.

26North Partners, an integrated, multi-asset-class investment platform, to acquire a 51% stake in residential kitchen business of Middleby for $451m, a commercial and residential cooking and industrial process equipment company. “We are proud to have the opportunity to partner with Middleby. This transaction creates a dedicated platform for the most influential and iconic brands in residential cooking, allowing them to continue setting the pace for the industry,” Mark Weinberg, 26North Partner and Head of Private Equity.