Searchlight Capital buys M&M Meat Shops

Private equity firm gets into frozen foods

Searchlight Capital Partners said Wednesday that together with its partners it has bought frozen food retailer M&M Meat Shops Ltd.

Financial terms of the deal were not immediately available.

Searchlight also announced the appointment of Andy O’Brien as chief executive and Sam Florio as chief financial officer of the retailer.

O’Brien was most recently the chief executive of the Works Gourmet Burger Bistro chain, while Florio was formerly the vice-president of finance and business planning at Cara Operations Ltd.

M&M was founded in 1980 by Mac Voisin, who will remain an adviser to the company.

“Canadians love and trust M&M Meat Shops because they can count on the quality and convenience of its products. I am confident that the new team will continue to ensure that the brand remains a Canadian favourite,” Voisin said.

M&M, based in Kitchener, Ont., has roughly 400 shops across Canada.

Brands Articles

Saputo sells its bakery division to Canada Bread for $120 million

Deal in line with company's plans to become more competitive in new food categories

Why employee engagement needs to top the CMO’s agenda in 2015

And, how it will enhance competitiveness/profitability

Canada’s Hottest Ads: A very foodie November

...with a light dusting of holiday cheer

McDonald’s marketing misery

Markus Giesler on the chain's identity crisis and why it's becoming increasingly irrelevant

BlackBerry harkens back to “CrackBerry” heyday

Waterloo, Ont.-based company introduces new smartphone model with familiar features

Hudson’s Bay hires new CEO

Former Toys R Us chairman and CEO takes the reins, Richard Baker remains chairman

Country Style chooses Tag Franchise for rebrand

New branding expected to roll out next year

MasterCard’s ‘priceless’ holiday giveaway

The brand had a big surprise for Calgary charities