Advent is a leading global private equity investor committed to working in partnership with management teams, entrepreneurs, and founders to help transform businesses.

Private Equity buyout fund Advent has acquired Sauer Brands. a platform of condiments and seasonings brands, at a reported valuation of $1.5 billion from Falfurrias Capital Partners for an undisclosed amount. Sauer Brands was acquired by Falfurrias Capital Partners in 2019 for reportedly around $300 million and will likely gain from Advents consumer brand experience.

Bloomberg: Advent Reaches Deal for Duke’s Mayo Owner Sauer Brands