|
|
|
| June 4, 2012 |
 |
| Winston & Strawn Represents NWG in $100 Million Sale of La Boulange |
|
|
|
Winston & Strawn LLP represented Next World Group (NWG), a privately held global investment firm, in today’s announced definitive agreement to sell La Boulange Café & Bakery to Starbucks Corporation for $100 million in cash.
Next World Group is the majority investor of La Boulange, a rapidly growing San Francisco-based, fast-casual restaurant chain that embodies the authenticity of the French bakery experience. Founded by Pascal Rigo, La Boulange has grown to 19 Bay Area locations and has more than quadrupled revenue since NWG’s investment. NWG is a long-term, growth investment firm headquartered in San Francisco, with offices in Brussels and Paris.
Next World Group invested in La Boulange in 2006, beginning the implementation of a focused strategy to sell distinctive, high-quality products and develop a local cafe-bakery-retail concept under the La Boulange brand. The transaction is expected to close in this year’s third quarter.
Winston & Strawn's NWG legal team was led by James E. Topinka with the help of associate Christine Hoefliger. |
|
|
