M&A Deal Summary |
|
|---|---|
| Date | 2013-10-23 |
| Target | Teavana |
| Sector | Retail |
| Buyer(s) | Starbucks |
| Sellers(s) | Parallel Investment Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 620M USD |
| Advisor(s) | North Point Advisors LLC (Financial) |
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Starbucks is a roaster, marketer and retailer of specialty coffee. Starbucks purchases and roasts high-quality coffees that the Company sells, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, including snack offerings, through company-operated stores. Starbucks also sells a variety of coffee and tea products and licenses its trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to its Starbucks Coffee brand, Starbucks sells goods and services under the following brands: Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos. Starbucks was founded in 1971 and is based in Seattle, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Retail) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 8 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 9 of 9 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-05 |
Bay Bread
San Francisco, California, United States La Boulange is a San Francisco French bakery chain. The Company opened its first location in 1999. |
Buy | $100M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-02 |
Tazo Tea
Portland, Oregon, United States Tazo Tea Co. is a manufacturer and distributor of ready-to-drink tea. Tazo Tea Co. was founded in 1994 and is based in Portland, Oregon. |
Sell | $384M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Parallel Investment Partners is a private equity firm focused on acquiring North American middle market companies. Parallel looks for companies generating at least $10 million in revenue and valued between $10 and $100 million. Sectors of interest include business services, financial services, energy exploration, energy services, healthcare services, medical products, restaurants, retail, education, engineered products, and light manufacturing. Prospective transaction situations include recapitalizations, growth capital financings, buyouts, and divestitures. Parallel Investment Partners was formed in 1999 and is based in Dallas Texas.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 19 |
| Sector (Retail) | 7 of 8 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 17 of 19 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-01 |
Superior Auto
Angola, Indiana, United States Superior Auto, Inc. is an automotive retailer in the U.S. focused exclusively on the sale and financing of used vehicles to the subprime market, competing in the Buy-Here/Pay-Here (“BHPH”) segment. Superior Auto was established in 1975 and is based in Angola, Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-17 |
USA Discounters
Virginia Beach, Virginia, United States USA Discounters is the largest national retailer focused on providing basic home products and consumer credit to U.S. military and civil service personnel. USA Discounters offers moderately priced furniture, consumer electronics, selected automotive aftermarket parts and related financing services through 11 units in 6 market areas and its website, usadiscounters.net. |
Sell | - |
