Goldman Sachs Alternatives to acquire Tosca from Apax
Goldman Sachs Alternatives has agreed to acquire Tosca, a provider of reusable packaging and supply chain solutions, from funds advised by Apax Partners.
Tosca provides reusable plastic containers, pallets, and other pooling solutions used across the food supply chain, including in categories such as protein, eggs, produce, and cheese. The company helps customers reduce waste, improve supply chain efficiency, and transition from single-use packaging toward reusable logistics systems.
Apax acquired Tosca in 2017 and supported the company’s expansion, including through strategic acquisitions and growth across North America and Europe. The transaction with Goldman Sachs Alternatives marks a new ownership phase for Tosca as demand for sustainable supply chain and reusable packaging solutions continues to grow. Financial terms were not disclosed.
Simpson Thacher & Bartlett represented Apax in the transaction, with Erdinast, Ben Nathan, Toledano serving as Israeli counsel. The EBN team was led by Nitzan Averbach, Kobi Barkan, Yaera Lebay, Dr. Eran Lampert, Eyal Birenberg, Lior Etgar, and Daphne Korenblit.
Sidley Austin advised Goldman Sachs Alternatives on the transaction.
