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Snacking group Wholebake acquired by private equity firm


By Edward Devlin2021-08-04T07:55:00+01:00
Wholebake is established as a co-manufacturing partner to third-party brands – working with the likes of Trek and Nakd – as well making its own Brynmor, Nine and Bounce brands
Cereal bar maker Wholebake has been snapped up by new private equity owners as investors continue to target the healthier snacking category.
Elysian Capital, which specialises in the UK and Ireland lower mid-market, has backed another management buyout at the business, taking over the controlling interest held by Bridges Fund Management.
Elysian acted in conjunction with Wholebake chairman Peter Unsworth and CEO Simon Faithfull, with terms of the deal undisclosed. ....

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IOOF-aligned Chelsea moves to Matrix | Money Management


Chelsea employed 16 staff including six financial advisers across three locations in Sydney, the Hunter region and the Central Coast and were specialists in holistic strategic advice for retirees and pre-retirees.
The managing director of Chelsea is former Matrix managing director, Rick Di Cristoforo who said that the company had conducted a broad and exhaustive tender process and had looked at several licensees.
Matrix chief executive officer, Allison Dummett said Chelsea Wealth Management’s decision to partner with Matrix, after a competitive tender, reinforced the licensee’s superior offer.
TWITTER ....

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