McGuireWoods advised Charlotte, N.C.-based private equity firm Falfurrias
Capital Partners in acquiring C.F. Sauer Company’s food business. The
deal’s closing is subject to shareholder approval and other conditions.
C.F. Sauer shareholders will retain the company’s significant real estate
Charlotte M&A partner
Chris Nesbit led the McGuireWoods deal team, which included partner J.D. Costa and associates
Clare Lewis and
Hannah Schuppner. Senior counsel
Staci Rosche handled financing aspects of the deal.
McGuireWoods has served as legal adviser to Falfurrias since its 2006
founding. Falfurrias has since grown to become one of North Carolina’s
largest private equity buyout firms, with significant experience in the
food and premium catering industries. Over the past year, McGuireWoods has
assisted Falfurrias in closing five equity investments, four successful
exits and two add-on acquisitions. The firm represented Falfurrias in its
investment in Tax Guard, which was named a finalist in three deal
categories in the
2018 M&A Advisor Awards.
“We are proud of our longstanding relationship with Falfurrias and grateful
for the opportunity to assist in this major addition to Falfurrias’
portfolio,” Nesbit said.
Numerous media outlets noted McGuireWoods’ role in the transaction,
Mergers & Acquisitions, the
Charlotte Business Journal,
The Richmond Times-Dispatch
McGuireWoods consistently ranks among the top law firms in highly respected
league tables for M&A and private equity deals. The firm ranked fourth
for the number of U.S. M&A deals it handled for clients in the first
quarter of 2019, as noted in
league tables published by Bloomberg and Refinitiv. The firm also ranked 10th for global private equity deals up to $500
million and eighth for transactions up to $250 million in Bloomberg’s