Top Qs
Timeline
Chat
Perspective
3G Capital
Global investment firm From Wikipedia, the free encyclopedia
Remove ads
3G Capital is a private equity investment firm. Founded in 2004, 3G Capital evolved from the Brazilian investment office of Jorge Paulo Lemann, Carlos Alberto Sicupira, and Marcel Herrmann Telles. 3G Capital is led by Alex Behring, Co-Founder and Co-Managing Partner, and Daniel Schwartz, Co-Managing Partner.[1][2]
 | This article contains promotional content. (February 2025) |
The firm is best known for its long-term investments in Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, Firehouse Subs, and Popeyes Louisiana Kitchen), Hunter Douglas, Kraft Heinz, and Skechers, as well as partnering with Berkshire Hathaway for its acquisitions.[3][4][5][6][7][8]
Remove ads
Notable deals
Summarize
Perspective
In 2010, the company acquired Burger King for $3.3 billion, and subsequently took the company private.[9]
In June 2012, Burger King was once again listed as a publicly traded company through a $1.4 billion deal with Justice Holdings. Despite the relisting, 3G Capital retained a 71% stake of the company.[10]
In December 2014, the Canadian government approved the purchase of Tim Hortons by 3G Capital for $12.5 billion, creating Restaurant Brands International (RBI), the world's third-largest quick service restaurant company.[11]
In March 2015, 3G Capital partnered with Warren Buffett to acquire Kraft Foods for $40 billion, and merged it with Heinz to form the world's fifth largest food company.[12][13] In June 2021, Kraft Heinz acquired Assan Foods, a Turkish company focused on sauces, for approximately $100 million.[14] In September 2021, Kraft Heinz acquired Hemmer, a Brazilian company focused on condiments and sauces.[15]
In 2017, RBI acquired Popeyes Louisiana Kitchen, Inc. for $1.8 billion.[16]
In 2021, RBI acquired Firehouse Restaurant Group Inc. for $1.0 billion in 2021.[17]
3G Capital Co-Managing Partner Daniel Schwartz, who also served as CFO, COO, and CEO at different times, is credited for turning around Burger King and later growing the Restaurant Brands International holding group.[18][19]
In December 2021, it was announced that 3G Capital was acquiring a 75% stake in Hunter Douglas, a window coverings and architectural products manufacturer.[20] The deal was completed in February 2022, and 3G Capital Partner, João Castro Neves, was appointed Hunter Douglas Group CEO.[21]
In the fourth quarter of 2023, 3G Capital divested its 16.1% stake in Kraft Heinz.[22]
In May 2025, 3G Capital acquired Skechers for $9.42 bn.[23][24]
Remove ads
3G Capital Portfolio
Burger King restaurant in Bulacan, Philippines
Budweiser brewery in St. Louis, USA
.jpg)
Heinz factory in Pittsburgh, USA
Restaurants
Beverages
Manufacturing
Clothing
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads