Littlejohn Fund III, L.P. to Sell Gourmet Coffee Maker Van Houtte for US $890 Million

Morrison Cohen client Littlejohn Fund III, L.P., a Greenwich, Connecticut based private equity firm, and other stockholders have agreed to sell all of the outstanding capital stock of LJVH Holdings, Inc. to Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) for US$890 million. LJVH, a leading gourmet coffee producer in Canada operating under the Van Houtte brand, is based in Montreal and employs approximately 1,700 people in the U.S. and Canada. Morrison Cohen acted as U.S. M&A counsel for Littlejohn in the transaction.