Gulf Capital Sells 100% Of Chef Middle East To NASDAQ-Listed ‘The Chefs’ Warehouse’ (NASDAQ: CHEF) For c. US$ 100 Million In An Exit That Generates 2.5x Returns
Gulf Capital, one of the largest and most active alternative asset managers in the GCC and Southeast Asia, announced today that it has successfully completed the sale of 100% of Chef Middle East (“Chef ME”), the GCC’s premier foodservice distribution business, to The Chefs’ Warehouse (“TCW”), a Nasdaq-listed speciality food distributor operating across North America.