Ropes & Gray Advises America's Test Kitchen Limited Partnership Through Acquisition
Ropes & Gray represented America’s Test Kitchen Limited Partnership (“ATK”), a leading food and culinary media business, in their acquisition by Marquee Brands LLC., a leading global brand owner, marketer and media company. Marquee Brands has become a majority owner in ATK, which owns America's Test Kitchen® and its associated brands, including Cook's Illustrated® and Cook's Country®. The transaction was announced on February 2. Financial terms of the transaction were not disclosed.
Marquee Brands now owns a controlling stake in the business while the existing owners will continue to remain investors in the go-forward company.
The Ropes & Gray team was led by mergers & acquisitions partners Sarah Young and Jane Goldstein, and included tax partner Scott Pinarchick, IP transactions partner Erica Han, litigation & enforcement partner Chong Park, employment, executive compensation and benefits partners Renata Ferrari and Stephanie Bruce and data, privacy, & cybersecurity partners Ed McNicholas and Fran Faircloth.