November 21, 2014
Weil advised Advent International Corporation in its acquisition of Noosa Yoghurt, LLC, a producer of flavored yogurts.
Noosa Yoghurt, founded in 2009 and named after a coastal town in Queensland, Australia, is known for its tangy and tart Aussie-style taste and texture. Since launch, Noosa has introduced 13 varieties, including three in 2014, experienced triple digit growth and expanded its footprint across 5,000 grocery retailers nationwide. Noosa is expected to complete a $5 million expansion project in 2015 to keep up with increasing demand.
The Weil team representing Advent International Corporation on the transaction was led by Corporate partner Marilyn French. In addition, the team included Banking & Finance partner Allison Liff; Technology & IP Transactions partner Jeffrey Osterman; Litigation partner Chip Roh; Tax partner Marc Silberberg; Executive Compensation & Benefits partner Amy M. Rubin; Corporate counsel John O’Loughlin; Corporate associate Evan Miller; Banking & Finance associates Anne Ford, Jacqueline Diaz, Benton Lewis and Clinton Hutchings; Technology & IP Transactions associates Dennis Adams and Caroline Paige Geiger; Tax associate Tristan Evans-Wilent; and Executive Compensation & Benefits associates Zahava Blumenthal and Steven Einhorn.