A sweet deal! We recently advised management of Gü Puds
We were delighted to act for the senior management team on the terms of their investment into newco backed by private equity firm Exponent that acquired the premium dessert brand Gü from Noble Foods.
Ian Morris, Principal in our Corporate team, who led on this transaction together with our Corporate Senior Associate Daisy Divoka commented: “Apart from the obvious dilemma of which was our favourite Gὓ dessert (I voted for the lemon cheesecake, but Daisy’s preference was for the chocolate soufflé), we were delighted to act for Pete Utting, the MD of Gὓ for the second time and the rest of the senior management team for the first time on this high profile transaction. Pete and the rest of the team are committed to delivering the next phase of growth and we wish them well in their partnership with Exponent.”
Peter Utting, MD of Gὓ:
"Ian and the EMW team were the obvious partner for us, as they have previously acted on my behalf and their professionalism, pace and quality of advice was as good as ever."
Daisy commented : "It was a pleasure working with Pete and the team; this deal demonstrates the continued success of our London corporate team’s focus on acting for owner managers on exits and management teams on buy-outs."
Our Corporate team advise companies, management teams, investors and debt providers from business start-ups and first round finance agreements through to mergers and acquisitions, management buy outs, development funding and then exit.