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
Find a local alternative
Look for co-ops and independent grocers instead.
check if a business is PE-ownedexcludes Fairway Market, A&P (Great Atlantic & Pacific Tea), Spindrift
Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1982
The Fresh Market founded
2016
Acquired by The Carlyle Group for $1.36B
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