Adamantem buys Australia's Retail Zoo from Bain
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
This is the fifth investment from Adamantem’s second Australia and New Zealand mid-market fund, which closed on AUD 794.8m (USD 549m) in June 2021. Target companies typically have enterprise valuations...
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