Debt AdvisoryConsumerCLOSED
GenNx360 closes $285m Churchill-led continuation fund for Whitsons Culinary Group
Value
$285M
Target
Whitsons Culinary Group
GenNx360 has closed a $285 million continuation fund for Whitsons Culinary Group, led by Churchill. Whitsons, based in Hauppauge, New York, provides customized dining services and prepared meals to various institutions.
✦ Meridian Analysis
This continuation fund provides additional capital for Whitsons Culinary Group, allowing GenNx360 to extend its investment in the company. Such funds are often used to provide liquidity to existing investors while allowing the private equity firm to continue supporting the portfolio company's growth.
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