Investor Buys Into Discounter Grocery Outlet

Berkshire Partners said last week it has agreed to invest in Grocery Outlet here to help fund expansion for the discounter a move that signals a willingness by private equity to back formats at the edges of the industry, observers told SN. Investments in high-end natural-food chains like Whole Foods by Leonard Green and this investment in a discount chain are likely to be more common

BERKELEY, Calif. — Berkshire Partners said last week it has agreed to invest in Grocery Outlet here to help fund expansion for the discounter — a move that signals a willingness by private equity to back formats at the edges of the industry, observers told SN.

“Investments in high-end natural-food chains like Whole Foods by Leonard Green and this investment in a discount chain are likely to be more common over the next five years, whereas investment in the industry's swe

Register to view the full article

Already a member? .