Latham & Watkins Advises Golden State Foods in Acquisition of a Controlling Interest by Lindsay Goldberg

Golden State Foods (GSF or the Company), one of the largest diversified suppliers to the foodservice and retail industries, announced that Lindsay Goldberg, a family and founder-focused private equity firm, has entered into an agreement to acquire a controlling interest in the Company alongside the Wetterau family, who will maintain a significant ownership interest. The acquisition recognizes GSF's outstanding 75-plus year track record of successful value creation and builds on GSF's strong momentum. The investment by Lindsay Goldberg will provide the Company with additional resources and capabilities to advance its mission to provide unmatched solutions and service to its customers and pursue growth throughout its global business operations.

Latham & Watkins LLP represents Golden State Foods in the transaction with a deal team led by Orange County partners Michael Treska and Darren Guttenberg, Century City partner Andrew Clark, and San Diego partners Ann Buckingham and Holly Bauer, with associates Brian Umanoff, Abby Timmons, AJ Hines, Viva Jerónimo, Ashley Campfield, Rose Kenyon, Christopher Siino, and Daniel Eyal. Advice was also provided on tax matters by Century City partner Ana O'Brien, with associate Eric Song; on benefits matters by associate Julie Voorhes; on US antitrust matters by Bay Area partner Joshua Holian, with associates Ben Bouwman and Hanna Nunez Tse; on ex-US antitrust and FDI matters by Brussels counsels Philipp Studt and Wesley Lepla; on environmental matters by Orange County partner Christopher Norton, with associate Brian McCall; on intellectual property matters by Orange County counsel David Kuiper, with associates Nathan Wages and Azzam Chaudhry; on finance matters by Los Angeles partner Mark Morris and New York/Los Angeles partner Nathan Whitaker, with associate Julia Steinberg; on data privacy matters by Bay Area partner Heather Deixler, with associate Mitch Bennett; on FDA regulatory matters by Washington, D.C. counsel Chad Jennings; and on litigation matters by Orange County partner Andrew Gray.