Simpson Thacher is representing funds advised by Apax Partners LLP (“Apax”) in connection with its definitive agreement to sell Tosca, a leading global provider of reusable asset pooling and logistics solutions for the food supply chain, to Infrastructure at Goldman Sachs Alternatives. The transaction is expected to close in 2026. Financial terms of the transaction were not disclosed.
Headquartered in Atlanta, Georgia, Tosca provides mission-critical asset management, pooling, logistics and sanitization services for reusable plastic containers, pallets and bulk bins used by food producers, distributors and retailers. Through a global network of 63 service and wash centers facilities, Tosca serves more than 5,000 customers across 30 countries in North America and Europe, forming a critical backbone of the food supply chain and enabling more efficient, resilient and sustainable food distribution.
Apax is a global private equity advisory firm investing in mid-market businesses across the Technology, Services, and Internet/Consumer sectors.
The Simpson Thacher team includes Ben Schaye, Keegan Lopez, Ryerson Symons, Moshe Cohen, Michael Lazris and Margeaux Bergman (M&A); Sophie Staples and George Rhein (Tax); Jamin Koslowe, Pasco Struhs and Nicolas Deguines (ECEB); Adam Moss, Shahpur Kabraji and Leah Nudelman Tendler (Credit); Alysha Sekhon, Kate Mirino and Christina Breitbeil (IP/Privacy); Vanessa Burrows, Jacob Madden and Rebecca Rose (Healthcare), Mike Isby (Environmental); Dennis Loiacono (Real Estate); Abram Ellis, Christine Tillema and Olenka Burghardt (Regulatory); Sara Razi, Preston Miller, Max Fischer-Zernin and Madison Zardiackas (Antitrust); Mick Tuesley, Jennifer Ho and Liam Murray (FDI); and Steven DeLott (Insurance).