Friendly s Mergers and Acquisitions Summary

RestaurantsCompany

Friendly s has acquired 0 companies of its own. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2016, when it sold Friendly s Ice Cream - Cream Retail and Manufacturing Business to Dean Foods for $155M.

Join Mergr and gain access to Friendly s’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the restaurants sector.

M&A Summary

  • M&A Total Activity1
    • M&A Sell Activity1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

Friendly's

Friendly’s Ice Cream, LLC

1855 Boston Road,
Wilbraham, Massachusetts 01095
United States,
(800) 966-9970
www.friendlys.com

Friendly's is a vertically-integrated restaurant company serving signature sandwiches, entrees, and ice cream desserts in a friendly family environment in 510 company and franchised stores throughout the Northeast and several southeastern states. Friendly's also makes ice cream, which is distributed through more than 4,000 supermarkets and other retail locations.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
vol $155M $155M
  1

Most Recent M&A

Company Date Value Type
Friendly's Ice Cream LLC - Cream Retail and Manufacturing Business 2016-06-20 155M USD Divestiture
Wilbraham, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food - - 1 (100%) 155M (100%)
Total - - 1 $155M

By Geo

State/Country Buy Value Sell Value
United States - - 1 155M
  Massachusetts - - 1 155M
Total - - 1 $155M

Top M&A Advisors

Financial Deals
Lazard Middle Market
1
Legal Deals
Morgan, Lewis & Bockius LLP
1

Deal Values

sell # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Friendly's Ice Cream LLC - Cream Retail and Manufacturing Business
$155M (2016-06-20)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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