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Berkshire Partners to acquire Catalina

BY Antoinette Alexander

ST. PETERSBURG, Fla. — Boston-based investment firm Berkshire Partners has entered an agreement to acquire from Hellman & Friedman majority control of Catalina, a provider of personalized digital media solutions for the CPG industry. Hellman & Friedman remains a significant investor.    

“We are attracted to Catalina’s unique ability to translate shopper data into personalized media at mass scale,” stated Brad Bloom, a managing director at Berkshire Partners. “We look forward to working alongside Catalina’s leadership team to accelerate their capacity to serve the world’s leading CPG retailers and brands.”

Following Hellman & Friedman’s acquisition of the company in 2007, Catalina charted a growth plan, transforming from a grocery channel coupon company to an omni-channel digital media platform. Today, Catalina reaches 350 million global shoppers each month. The company expanded its digital network by forming strategic partnerships with such retailers as Target and Walgreens; formed a joint venture with Nielsen to create BuyerGraphi media targeting for television and online advertising; and launched mobile and online promotion, as well as advertising solutions.

“We remain strong believers in Catalina’s vision, people and ability to drive innovations to capitalize on this incredible market opportunity,” stated Philip Hammarskjold, Hellman & Friedman CEO. “The company is well-positioned as the leading personalized digital media platform for CPG, and we are excited to continue our partnership with Catalina for years to come.”

Catalina plans to continue expanding its team of 1,350 employees across the globe, including operations in St. Petersburg, Fla., Boston, Chicago, Paris, and Tokyo.

“We believe this transaction is an affirmation of Catalina’s growth outlook, strategy and leadership team,” stated Jamie Egasti, Catalina CEO. “We’ll continue our investments in talent, technology and data science to drive innovations that will further enable our clients to engage and delight consumers.”

“We’ve enjoyed a successful partnership with Hellman & Friedman, and look forward to our next chapter of growth with Berkshire Partners,” added Egasti.

 

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R.HAMMERLE says:
Mar-04-2014 11:30 am

A very thoughtful and wise investment, given dramatic moves now underway, to make retail and employer-affiliated clinics points of entry to virtually- integrated, global, healthcare delivery systems. Ron Hammerle, Chairman Health Resources, Ltd. Tampa, Florida

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Publix posts $28.9 billion in annual sales

BY Michael Johnsen

LAKELAND, Fla. — Publix sales for the fiscal year ended Dec. 28, 2013 were $28.9 billion, a 5.2% increase. Comparable-store sales for 2013 increased 3.6%. 

Publix’s sales for the fourth quarter of 2013 totaled $7.4 billion, a 5.3% increase, the grocer reported Monday. Comparable-store sales for the fourth quarter of 2013 increased 4.3%. 

Effective March 1, 2014, Publix’s stock price increased from $30.00 per share to $30.15 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors. “I’m pleased our operating performance resulted in another increase in our stock price,” said Publix CEO Ed Crenshaw. “Our associates — the owners of Publix — deserve the credit for this achievement.“

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Peapod expands reach in Massachusetts

BY Michael Johnsen

QUINCY, Mass. — Peapod last week announced the opening of a new fulfillment facility in Agawam, Mass., to better serve the needs of consumers from Hampshire and Hampden counties.

“Peapod by Stop & Shop has seen exciting growth in the Western Massachusetts area and we are delighted to be able to better serve the local communities with a brand new local facility,” stated David McHugh, VP and general manager, Peapod by Stop & Shop.  “We have hired personal shoppers and delivery drivers and expect to add 100 new jobs by the time we have completed hiring.  As always, we will strive to provide a wide selection of well-priced, top quality, fresh products with the ease of online shopping and home delivery.”

Residents and businesses in over 35 area zip codes including Springfield, Westfield, Chicopee and Amherst are now able to visit www.peapod.com to shop for fresh fruits and vegetable, seafood, meat and dairy as well as national brands and Stop & Shop private label products.  

In addition to providing home and workplace delivery, the new fulfillment facility in Agawam will also serve new Pick-up locations that will open in the next few months. This new service will give consumers the option to shop online at peapod.com and choose to pick up their groceries at a nearby Stop & Shop store.

Peapod’s order-fulfillment technology and proprietary transportation routing system help achieve accuracy and efficiency in picking, packing and delivering grocery orders. “We have delivered over 26 million orders since we started in 1989,” Andrew Parkinson, president of Peapod, said, “and we look forward to delivering many more in the years to come.”

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