01 February 2019
Hana Group (Hana) has announced that Permira, the global private equity firm, has entered into an agreement whereby a company backed by the Permira funds will invest in Hana, in partnership with the founders and the management, who will substantially re-invest in the company.
The transaction sees TA Associates, one of the largest and most experienced global growth private equity firms, which was the first institutional investor in Hana, exiting its investment.
Hana is a global provider of freshly prepared sushi “on the go” through its 900 points of sale in grocery retailers across 12 markets. Its core geographies are the United States and France. In addition, Hana operates in the UK, Spain, Italy, Portugal, Belgium, Czech Republic, Romania, and Luxembourg.
Latham & Watkins advises TA Associates in the transaction with a team led by Paris partner Gaëtan Gianasso, with associates Timothée Brunello and Fleur Bennett.