Sidley Represents Goldman Sachs Alternatives in Acquisition of Tosca From Apax Funds

Sidley is representing Infrastructure at Goldman Sachs Alternatives in its acquisition of Tosca, a leading global provider of reusable asset pooling and logistics solutions for the food supply chain, from funds advised by Apax Partners LLP.

Following the close of the transaction, Infrastructure at Goldman Sachs Alternatives and the company’s management team intend to support Tosca’s continued growth through investments in its asset base, operational platform, technology capabilities, and customer offering. With a global network of 63 service and wash centers and more than 5,000 customers across 30 countries in North America and Europe, Tosca provides pooling, logistics, asset management, and sanitization services for reusable plastic containers, pallets, and bulk bins used by food producers, distributors, and retailers.

The transaction is subject to customary closing conditions and regulatory approvals and is expected to be completed in 2026.

Sidley’s Infrastructure practice advises investors, sponsors, and other industry participants on market-leading deals up and down the value chain and around the globe. Our practice includes numerous industry veterans and a deep bench of former government officials who provide critical guidance across all aspects of the transaction lifecycle.

The Sidley team is led by partners Cliff W. Vrielink (Energy and Infrastructure) and Grace Jamgochian (M&A and Private Equity), with David Meehan, Emily Chazen, and Ryan Sanguigni (M&A and Private Equity). Partners Ben Thompson (Global Finance) and Daniel F. Allison (Energy and Infrastructure) led the financing aspects of the transaction.

The Sidley team also includes Amy M. Rubin, Amanda M. Casanueva, and Lindsay Fisher-McFarland (Employee Benefits and Executive Compensation); Eric G. Hoffman and Ryan Martin (Labor, Employment and Immigration); Zackary Pullin and Eric R. Ma (Tax); Rachael Coffey, Hye Kyoung Lee, Holly Todd, Julia Turner, and Erin A. Visaya-Neville (Global Finance); Beatriz Azcuy and Connor T. Evans (Real Estate); Heather M. Palmer and Sarah A. Jehl (Environmental, Health, and Safety); Vadim Brusser, Mary K. Marks, and Chelsey Miao (Antitrust and Competition); Diane C. McEnroe, Kevin A. Sforza, and Belinda Baum (Food, Drug and Medical Device); Jen Fernandez (Global Arbitration, Trade and Advocacy); E. Kyle Barnett and Garrett Sciortino (Technology and Life Sciences Transactions); Stephen W. McInerney and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Sam E. Hulsey (M&A and Private Equity); and Grace A. Binger (Energy and Infrastructure).