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PAG to acquire Patties Foods and Vesco Foods

APAC-based independent alternative investment firm PAG is being advised by Gilbert + Tobin on its proposed acquisition of the Four’N Twenty pies maker, Patties Foods (Patties) and Vesco Foods (Vesco).

October 11, 2022 By Jerome Doraisamy
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PAG to acquire Patties Foods and Vesco Foods
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Firm: Gilbert + Tobin (PAG).

Deal: PAG is moving to acquire Patties Foods (Patties) and Vesco Foods (Vesco), in a move that is subject to regulatory approvals.

 
 

Area: Merger and acquisition, banking, infrastructure, corporate advisory

Value: Undisclosed

Key players: The G+T team is led by co-head of M&A Neil Pathak and M&A partner Susannah Macknay, with support from lawyers James O’Sullivan, Amanda Atkins, Jackson Coull, Jordan Czelen and Callum Steele. Also offering advice are partners Simon Muys and Susan Jones and lawyer Robert Albertson Kill, as well as head of banking and infrastructure John Schembri and lawyers Corrie Eames and Sara Mohabbati.

Deal significance: Mr Pathak and Ms Macknay said: “We are delighted to be advising PAG on these deals, and it’s a privilege for G+T to be part of PAG’s continuing investment in Australia.”

PAG Private Equity co-head Lincoln Pan and PAG ANZ head of private equity Sid Khotkar added: “We value our continued partnership with Neil, Susannah and the G+T team and value their strategic advice and outstanding execution support. G+T has been instrumental in helping our efforts to build our private equity business in Australia.” 

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