Acquiring Company
26North Partners
Acquired Company
The Middleby Corporation
ElginManufacturingFood and BeverageFood ProcessingDescription
Middleby Corporation has entered into a definitive agreement to sell a 51% stake in its Residential Kitchen business to 26North Partners LP for $885 million. Following this transaction, Middleby will maintain a 49% non-controlling interest while receiving approximately $540 million in cash. This move is part of Middleby's strategy to enhance shareholder value and focus on commercial foodservice.
Quick answer
26North Partners is acquiring The Middleby Corporation, announced December 4, 2025.
- How much did 26North Partners pay for The Middleby Corporation?
- The deal value was not disclosed.
- What does 26North Partners do?
- 26North is a private equity firm that focuses on investing in promising businesses.
- Where are 26North Partners and The Middleby Corporation based?
- The Middleby Corporation is based in Elgin, Illinois, United States.
- Who are the decision-makers at 26North Partners?
- Fundz holds 1 contact at 26North Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at 26North Partners, and when
When 26North Partners changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired The Middleby Corporation?
The Middleby Corporation was acquired by 26North Partners. The deal was reported on December 4, 2025. 26North is a private equity firm that focuses on investing in promising businesses. They aim to enhance growth strategies and provide resources to their portfolio companies. 26North Partners is privately held.
When did 26North Partners acquire The Middleby Corporation?
26North Partners's acquisition of The Middleby Corporation was reported on December 4, 2025. Middleby Corporation has entered into a definitive agreement to sell a 51% stake in its Residential Kitchen business to 26North Partners LP for $885 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Middleby Corporation do?
The Middleby Corporation is a global leader in the foodservice equipment industry. It is publicly traded (MIDD), operating in Manufacturing, and is based in Elgin.
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