Congratulations to William Blair clients Authentic Restaurant Brands, Banyan Acquisition Corp., and CorEvitas LLC for being recognized on Mergers & Acquisitions’ list of 2024 Middle-Market Deals of the Year.
Authentic, a holding company of regional food and beverage brands, acquired Fiesta Restaurant Group, parent company of the Pollo Tropical restaurant brand, in Authentic’s largest acquisition to date.
Banyan, a special purpose acquisition company, combined with Pinstripes Inc., a dining, bowling, and bocce and flexible private event space, to form Pinstripe Holdings, Inc., a wholly owned subsidiary of Banyan, resulting in more than $70 million to support strategic growth plans and additional locations.
CorEvitas LLC, a science-led, real-world data intelligence company, was acquired by Thermo Fisher Scientific, which delivers innovative technologies, purchasing convenience, and pharmaceutical services, in an all-cash strategic transaction.
Two other William Blair clients were named in deals that received honorable mentions:
- TRG Screen, a portfolio company of Pamlico Capital Management, L.P., in connection with its sale to Vista Equity Partners Management
- Upshop, a portfolio company of Prairie Capital, in connection with its strategic investment from Level Equity