Macquarie, Morgan Stanley hired for potential Peters IPO

Peters Ice Cream’s owner, Pacific Equity Partners, is still running a so-called dual track process: an IPO or trade sale.

Pacific Equity Partners (PEP) is accelerating its disposal of portfolio companies by hiring Macquarie and Morgan Stanley to explore an initial public offering for Peters Ice Cream, a company the private equity firm bought for about $250 million in August 2012, reporting by Data Room has discovered.

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