CX Partners, Gateway stare at muted returns as biscuits & bread maker set for IPO

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Mid-market private equity firms CX Partners and Gateway Partners are looking at modest returns as they encash a part of their investment in a portfolio company. The two investors have offered to sell shares of biscuits maker Mrs. Bector’s Food Specialities Ltd in its soon-to-be-launched initial public offering (IPO). The company had ......