Go to deals
Private Equity | Food & Beverage

Ardian acquires a stake in My Pie

January 2024 — The shareholders of My Pie have completed a primary minority LBO with Ardian.

My Pie is the leading French producer and distributor of hot snacks to supermarkets. Its development has been based on a unique value proposition for retailers, consisting of providing a turnkey offer to supermarket chains, ranging from display cases that keep products warm to a wide range of hot snacks (pies, quiches, pizzas, croque-monsieur, pasta box and gratins). My Pie has established itself as a market leader with an annual growth of more than 90% over the last three years, by responding to a previously unmet retailer and consumer’s demand: a complete range of hot and ready-to-eat snacks, available in supermarkets under an easily identifiable My Pie brand. The company operates a manufacturing plant with five production lines, achieving an average rate of approximately 2,500 snacks per hour. After five years of operations, My Pie is present in 2,500 points of sale in all major French food retail chains (Carrefour, Auchan, Franprix, Casino, Monoprix and Leclerc) and across all store formats (hypermarkets, supermarkets and convenience stores) and keeps expanding into more than 60 new points of sale per month in France and neighboring countries.

Ardian is a world-leading private investment house managing or advising US$160 billion of assets on behalf of more than 1,560 clients globally. Ardian’s expertise includes private equity, real assets and credit. Its main shareholding group is its more than 1,050 employees, spread across 19 offices in Europe, the Americas, Asia and Middle East, who are strongly committed to the principles of responsible investment and are determined to make finance a force for good in society.

Our role in the transaction

Oaklins’ team in France acted as the exclusive financial advisor to the shareholders of My Pie in this LBO.

Parties

Talk to the deal team

Franck Monnot

Partner
Paris, France
Oaklins France

Harry Bercu

Analyst
Paris, France
Oaklins France

Related deals

Valuation advisory has been provided to a co-investor in VDK
Private Equity | Construction & Engineering Services

Valuation advisory has been provided to a co-investor in VDK

EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.

Learn more
Be-Cloud has been acquired by PSG Equity
Private Equity | TMT

Be-Cloud has been acquired by PSG Equity

Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.

Learn more
Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Private Equity | Consumer & Retail

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.

Learn more