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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.
Parties
Company
CCMP Growth Advisors, LP
Company
National Foods
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
10 October 2025