Holland & Knight Advises Brynwood Partners on Purchase of Buitoni Pasta’s North American Business
STAMFORD, Conn. (July 6, 2020) – Holland & Knight has advised Brynwood Partners VIII L.P. on its purchase of the Buitoni pasta brand's North American business from Nestlé SA. The deal was announced on June 30.
Greenwich, Conn.-based Brynwood Partners is an operationally-focused private equity firm that makes control investments in North American-based lower middle market companies. The firm targets non-core brands or companies operating exclusively in the consumer sector.
The Buitoni pasta brand was founded in Italy in 1827 and is known for its refrigerated pasta, sauces and cheese. Brynwood has formed Buitoni Food Company to operate the business.
Holland & Knight Corporate Partners Marty Clarke and Seth Milligan and Associate Alyssa Helal led the firm's representation of Brynwood. They were assisted by Partners John Flaherty, Dawn Rudenko, Victoria Zerjav, Gary Schoenbrun, Michael Werner, Robert Frank, Curtis Sano and John Dierking; and Associates Nicole Martini and Sara Klock.