Grocery Outlet, Inc.


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 – enables the company to offer its customers significant savings in a fun, treasure hunt shopping environment. Entrepreneurial independent operators run GO’s stores and create a neighborhood feel through personalized customer service and a localized product offering. Founded in 1946, Grocery Outlet is a third-generation family-led company. Grocery Outlet completed its initial public offering on the Nasdaq in 2019 and H&F fully exited its investment in 2020.


Consumer & Retail