Private Equity
Funds advised by Apax Partners to acquire Tosca ServicesPartnership creates uniquely positioned business able to address complex grocery supply chain challenges ATLANTA, October 2, 2017-- Funds advised by Apax Partners ("Apax Funds") have today announced a definitive agreement to acquire Tosca Services, LLC ("Tosca"), a leading provider of supply chain solutions and reusable packaging to the perishable markets of protein, eggs, produce and cheese. Existing shareholders will retain a minority ownership position in the company. The transaction is subject to customary closing conditions and is expected to close in Q4 2017. Terms of the transaction were not disclosed.