McGuireWoods represented Sauer Brands Inc., a portfolio company of firm
client Falfurrias Capital Partners, in its acquisition of Chicago Custom
Foods LLC (CCF), a leader in branded popcorn seasonings.
The firm also advised Falfurrias in its
2019 acquisition of Sauer Brands Inc., maker of flavor-enhancing condiments, seasonings and
spices including Duke's Mayonnaise and The Spice Hunter. The addition of
CCF broadens Sauer Brands’ product lineup and continues Falfurrias’
“Industry First” packaged foods investment strategy.
Christopher Nesbit led the McGuireWoods deal team, which included associates
Sarah Martin and Matthew Cox. Senior counsel
Staci Rosche led the financing for the deal. Partners
Janet Peyton and
Michael Wilson and senior counsel Paul Navarro also assisted on the transaction.
“We were pleased to assist Sauer Brands in closing this transaction and
continue our relationship with Falfurrias Capital Partners,” Nesbit said.
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
counseled Falfurrias in closing five equity investments, four successful
exits and three add-on acquisitions.
McGuireWoods consistently ranks among the top law firms in highly respected
league tables for M&A and private equity deals. The firm earned top
five rankings for U.S. deal count and top 10 rankings for global deals for
the first quarter of 2020 in
M&A league tables published by Refinitiv and Bloomberg.