GTCR has agreed to sell Fairmount Cheese Holdings, a supplier of specialty cheese, dips and spreads, to Saputo (TSX: SAP) for $270.5 million. Fairmount is being advised by Credit Suisse, BMO Capital Markets and Kirkland & Ellis on the deal. The company was formed in 2003 by GTCR, with an initial $200 million equity commitment, to acquire and consolidate companies in the specialty cheese industry.
