M&A Deal Summary

FundCorp Acquires Gigi s Cupcakes

On June 2, 2016, family office FundCorp acquired restaurant Gigi s Cupcakes

Acquisition Highlights
  • This is FundCorp’s 1st transaction in the Restaurants sector.
  • This is FundCorp’s 1st transaction in the United States.
  • This is FundCorp’s 1st transaction in Tennessee.
Investment Fate
  • Gigi s Cupcakes went bankrupt in 2019.

M&A Deal Summary

Date 2016-06-02
Target Gigi s Cupcakes
Sector Restaurants
Buyer(s) FundCorp
Deal Type Add-on Acquisition

Target

Gigi s Cupcakes

Nashville, Tennessee, United States
GiGi’s Cupcakes is a local boutique bakery in Nashville, offering cupcakes, cakes, cookies and other baked goods. Gigi's Cupcakes was founded in 2008 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer
DESCRIPTION

FundCorp is an investment vehicle for two family offices. FunCorp looks to make control investments primarily in US-based companies with up to $300 million of revenue. Sectors of interest include energy, financial services, food manufacturing, equipment manufacturing, medical distribution, therapeutic services, steel fabrication, real estate, and sports construction. FundCorp is based in Forth Worth, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-04 Gigi s Cupcakes

Nashville, Tennessee, United States

GiGi’s Cupcakes is a local boutique bakery in Nashville, offering cupcakes, cakes, cookies and other baked goods. Gigi's Cupcakes was founded in 2008 and is based in Nashville, Tennessee.

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