Grocery & Specialty Food

The Fresh Market

Carlyle Group took The Fresh Market private for $1.36B in 2016. The upscale grocer struggled with debt and competition from Whole Foods and Trader Joe's. Carlyle sold it in 2020 to a consortium led by Apollo after years of store closures and leadership turnover.

FOUNDED
1982
ACQUIRED
The Carlyle Group, 2016, $1.36B

Editorial Record

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Timeline

1982

The Fresh Market founded

2016

Acquired by The Carlyle Group for $1.36B

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