BlackRock’s Investment in Flagship Food Group

Sixpoint Partners LLC and Nixon Peabody LLP served as advisors to CREO. Akin Gump Strauss Hauer & Feld LLP served as advisor to BlackRock. Kirkland & Ellis LLP advised several of the investors in the investor group.

Flagship Food Group and its parent, Denver-based CREO Capital Partners (CREO), announced that BlackRock’s Secondaries and Liquidity Solutions group has made a significant investment in the Company to help support the business as it grows and accelerates its acquisition strategy.

BlackRock’s investment was funded through CREO Capital Partners and terms of the investment were not disclosed.

Flagship Food Group is a Premium and Hispanic-foods focused diversified food company that manufactures, sells, and distributes food products under the 505 Southwestern, Lilly B’s, Hatch Kitchen, Mapa Lupe’s, TJ Farms, La Tortilla Factory, and other brands. 

BlackRock Alternative Investors serve investors seeking outperformance in real estate, infrastructure, private equity, credit, hedge funds and alternative solutions.

The Akin Gump team was led by investment management partner Fadi Samman (Picture), and included funds partner Jonathan Ross, tax partner Joshua Williams, senior counsel Timothy Clark, counsel Emily Goodman and Stuart Alter, and associates Paige Randall, Ekaterina Lyashenko and John Hunt,

 

Involved fees earner: Stuart Elliot Alter – Akin Gump Strauss Hauer & Feld LLP; Timothy Clark – Akin Gump Strauss Hauer & Feld LLP; Emily Goodman – Akin Gump Strauss Hauer & Feld LLP; John Patrick Hunt – Akin Gump Strauss Hauer & Feld LLP; Ekaterina Lyashenko – Akin Gump Strauss Hauer & Feld LLP; Paige Randall – Akin Gump Strauss Hauer & Feld LLP; Jonathan Ross – Akin Gump Strauss Hauer & Feld LLP; Fadi Samman – Akin Gump Strauss Hauer & Feld LLP; Joshua Williams – Akin Gump Strauss Hauer & Feld LLP;

Law Firms: Akin Gump Strauss Hauer & Feld LLP;

Clients: BlackRock;

Martina Bellini

Author: Martina Bellini