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CCMP Growth Advisors acquires majority stake in A1 Cash & Carry

On October 14, 2025, CCMP Growth Advisors, LP acquired a majority ownership stake in A1 Cash & Carry, a leading cash and carry foodservice wholesaler in Ontario, from National Foods (PSX: NATF), which retained a minority interest. 

CCMP Growth was advised by McCarthy Tétrault LLP and Ropes & Gray LLP as legal advisors, and Bank of Montreal (BMO) as financial advisor. National Foods was advised by Bennett Jones LLP and Akbar, Sarki, Khan & Co. TD Securities acted as exclusive financial advisor to A1. TD Bank and BMO provided committed bank financing in support of the transaction. The partnership was intended to support A1’s continued growth and expansion across Canada’s foodservice market.

Company

CCMP Growth Advisors, LP

Law Firm / Organization
McCarthy Tétrault LLP
Law Firm / Organization
Ropes & Gray LLP

Company

National Foods

Law Firm / Organization
Akbar, Sarki, Khan & Co.
Law Firm / Organization
Bennett Jones LLP
Lawyer(s)

Kwang Lim

Merger & Acquisition
Other
Undisclosed/Confidential
Closed
10 October 2025