Divestiture • Retail

CCMP Growth Acquires A1 Cash & Carry

On October 14, 2025, growth capital firm CCMP Growth acquired retailer A1 Cash & Carry from National Foods

Acquisition Context
  • This is CCMP Growth’s 1st transaction in the Retail sector.
  • This is CCMP Growth’s 1st transaction in Canada.
  • This is CCMP Growth’s 1st transaction in Ontario.

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M&A Deal Summary

Date October 14, 2025
Target A1 Cash & Carry
Sector Retail
Buyer(s) CCMP Growth
Sellers(s) National Foods
Deal Type Divestiture
Advisor(s) TD Securities (Financial)

Target Company

A1 Cash & Carry

Mississauga, Ontario, Canada
A1 Cash & Carry is a cash and carry wholesaler in Ontario serving as a one-stop shop for independent restaurants and foodservice customers with a full suite of products, including bulk grocery, food packaging, protein, produce, dairy, frozen foods, janitorial products, small wares, and restaurant equipment. A1 Cash & Carry was formed in 1998 and is based in Mississauga, Ontario.
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Buyer Overview 1

DESCRIPTION

CCMP Growth is growth capital oriented private equity firm focused on opportunities in the consumer and industrial sectors. The Firm looks to fund expansion mid-sized expansion stage businesses throughout North America. CCMP Growth was formed in 2022 and is based in New York City.


Deal Context for Buyer #
Overall 5 of 5
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-03 Combined Caterers

Charlotte, North Carolina, United States

Combined Caterers is a premium event management and catering services provider. Combined Caterers was founded in 1989 and is based in Charlotte, North Carolina.

Buy -

Seller Profile 1

SELLER

National Foods

Karachi, Pakistan

Category Company
Sector Food
DESCRIPTION

National Foods engages in the manufacture and distribution of food products. It operates through the food & food-related products and cash and carry segments. National Foods was formed in 1970 and is headquartered in Karachi, Pakistan.


Deal Context for Seller #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1

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