In 2014, H&F acquired Grocery Outlet, a leading extreme-value retailer with locations across the West Coast and Pennsylvania. Grocery Outlet’s highly differentiated sourcing model – purchasing excess inventory from trusted CPG partners – enabled the company to offer its customers significant savings in a fun, treasure hunt shopping environment. Grocery Outlet completed its initial public offering on the Nasdaq in 2019 and H&F fully exited its investment in 2020.
Consumer Services & Retail
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