Akin Gump Advises Mubadala Capital in Acquisition of TruFood

(New York) - A team from Akin Gump advised Mubadala Capital, the global asset management firm and a wholly owned subsidiary of Mubadala Investment Company, one of the world's leading sovereign investors with a $284 billion portfolio, in its acquisition of AOG, LLC d/b/a TruFood Manufacturing ("TruFood"), in partnership with management. TruFood, a leading snack food contract manufacturer in several categories, is being acquired from funds affiliated with AUA Private Equity Partners, LLC.

Mubadala Capital manages a diverse portfolio of investments across the globe, in particular within the consumer and food services space, where the company has invested approximately $2 billion over the past eight years.

Pittsburgh, Pennsylvania based TruFood is a formulator and manufacturer of a full range of products including nutrition bars, protein bars, chocolate moulded products, and baked nutrition. Its customer base is comprised of premier consumer packaged goods companies and retailers across the United States.

The acquisition is expected to deliver significant value to TruFood’s stakeholders, including its existing customers and employees, while bolstering the company's competitive advantage, increasing its market reach, advancing product development, and accelerating long-term growth.

The Akin Gump team was led by corporate partners Amy Wollensack and Daniel Tavakoli and associate Valerie Etienne, with associates Jenny Lyubomudrova and Katy Screen.

The wider Akin Gump team included partners Patrick Fenn, Menachem Danishefsky (tax),  Romica Singh (executive compensation), Meng Ru (debt), Nathan Oleson (labor), David Vondle (intellectual property), John Bain (real estate), David Quigley (environmental), Natasha Kohne (privacy), Craig Bleifer (FDA) and Christian Davis (regulatory).

 Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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