Quilvest Capital Partners remains a stakeholder in Fullers Foods following an investment by Beach Point Capital Management. The transaction provided liquidity for Quilvest's existing position in the company. Beach Point deployed capital through its roughly $1 billion Hybrid Solutions strategy, a flexible vehicle that combines credit and equity characteristics.
The firm's co-heads, Jay Takefman and Robert Bergmann, executed the deal. Beach Point has known Fullers Foods and its management team since 2022. Fullers Foods specializes in outsourced procurement and own-label program management for UK retailers.
Beach Point stated the investment supports a high-quality middle-market business with a customized capital structure suited for all stakeholders. The deal follows the strategy's recent sales of Smile America Partners and E-Z Up. This news brief was produced with the assistance of artificial intelligence.
Source: PE Hub · Summarized by HeadlinesBriefing