Private Equity Firm Acquires Majority Stake in Florida Food Products: $1 Billion Enterprise Value - NewsBreak

Ardian, a private equity firm, has acquired a majority stake in natural food manufacturer Florida Food Products through its U.S. Buyout team from MidOcean Partners for an enterprise value in excess of $1 billion. The transaction, announced Sept. 21, is expected to close later this year. Paris-based Ardian was advised by Weil, Gotshal & Manges. MidOcean was represented by a Gibson, Dunn & Crutcher team.