Oak Hill Pays $300M For NC Organic Food Retailer

Law360, New York (April 9, 2012, 6:32 PM EDT) -- New York-based private equity firm Oak Hill Capital Partners LP acquired an 80 percent stake in a North Carolina-based organic food retailer from Monitor Clipper Partners Inc. for roughly $300 million, Oak Hill said Monday.

The private fund company said it acquired the majority stake in Earth Fare Inc., a health food supermarket operator with 25 stores in the Southeast and Midwest.

Earth Fare is one of the few food retailers in the U.S. to ban ban high fructose corn syrup, trans-fats, and artificial colors, fats,...
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