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The company was founded in 1993 and is based in Greenwich, Connecticut. [13] As of 2011, C. Dean Metropoulos & Co. has been involved in over 72 acquisitions with over $12 billion in invested capital. [12] The company jointly owns Hostess Brands along with Apollo Global Management.
The Hostess Brands company formed in June 2013, having started as a venture by Apollo Global Management and C. Dean Metropoulos and Company, [3] to acquire assets from Old HB, the company formerly known as Interstate Bakeries and Hostess Brands Inc. Apollo and Metropoulos purchased certain cake business assets of Old HB – which had filed for Chapter 11 bankruptcy and bankruptcy liquidation ...
The deal was approved by a bankruptcy court, and C. Dean Metropoulos and Company principal Daren Metropoulos announced that Hostess products would be sold again on July 15. [74] This division eventually went public as the second incarnation of Hostess Brands, and announced it would be acquired by J.M. Smucker on September 11, 2023. [9]
Amado, a landmarked beachfront house on 3,2 acres, has sold, reportedly for $148 million. The house was designed in 1919 by Addison Mizner.
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In August 2016, the Playboy Mansion was bought for $100 million by Daren Metropoulos, the co-owner of Hostess Brands and a principal in the investment firm C. Dean Metropoulos & Co. [21] Metropoulos intends to renovate and restore the mansion to its original form. [1]
Sara Lee may soon find itself entertaining competing bids from an investor group led by Apollo Global Management and C. Dean Metropoulos and from Brazilian meat-processing company JBS SA. The ...