Deal snapshot: CENTEROAK PARTNERS ACQUIRES CALIFORNIA PRETZEL STORE OPERATOR WETZEL'S.
Dallas, Texas-based private equity firm CenterOak Partners LLC has completed a majority investment in Pasadena, California-based soft pretzel store owner and franchisor Wetzel's Pretzels LLC, the company said.
CenterOak Partners invested in Wetzel's Pretzels with capital from its USD 420m CenterOak Equity Fund I, L.P. Founded in 1994, Wetzel's Pretzels includes a range of fresh baked soft pretzels, Wetzel Dogs, Wetzel Bitz and beverages.
Target: Wetzel's Pretzels LLC
Buyer: CenterOak Partners
Deal size in USD:
Buyer advisor: Gibson, Dunn and Crutcher , Golub Capital ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Sep 6, 2016|
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