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Apparently in 2014 Hellman & Friedman, a private equity investment firm acquired 80% of Grocery Outlet from Berkshire Partners. (Page 6 in the S-1) Hence the
by petarb 7y ago
Apparently in 2014 Hellman & Friedman, a private equity investment firm acquired 80% of Grocery Outlet from Berkshire Partners. (Page 6 in the S-1)
Hence the possible pressure to realize a RoI.
- hckrnrd 7y agoThat’s what it smells like to me too. Could be wrong, but acquiring 80% of the company, then taking it public doesn’t seem like a particularly compelling reason for joe stock picker to buy.