M&A Deal Summary |
|
|---|---|
| Date | 2010-02-01 |
| Target | United Food Group |
| Sector | Food |
| Buyer(s) | AFA Foods |
| Sellers(s) | American Capital |
| Deal Type | Add-on Acquisition |
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AFA Foods was originally created to process meat for the fast-food chain Gino's Inc. in 1967 and has since grown, acquiring United Food Group in 2010, to process more than 500 million pounds of ground beef products a year. Its products are sold by Wal-Mart Stores Inc. (WMT), Safeway Inc. (SWY), Supervalu Inc. (SVU), Burger King, Jack in the Box Inc. (JACK), Carl Karcher Enterprises, Wendy's Co. (WEN) and Del Taco Inc.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2010 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 108 of 194 |
| Sector: Food M&A | 6 of 9 |
| Type: Add-on Acquisition M&A Deals | 52 of 87 |
| State: California M&A | 17 of 30 |
| Country: United States M&A | 106 of 186 |
| Year: 2010 M&A | 1 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-16 |
Jones Stephens
Moody, Alabama, United States Jones Stephens Corp. is a value added designer, manufacturer, marketer, and distributor of specialty plumbing products, primarily serving plumbing wholesalers, do-it-yourself (“DIY”) retailers and hardware stores. Jones Stephens offers its products under the well-respected Jones Stephens™ and PlumBest® brand names. The Company’s products are used in repair, remodel and new construction applications within both the residential and commercial markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-02-04 |
Fleischmann s Vinegar Co.
Cerritos, California, United States Fleischmann's Vinegar Co. Inc. is a USDA certified all-natural producer of specialty ingredients that further support Kerry’s taste and clean label strategies across a number of End Use Markets. It is headquartered in California and has manufacturing facilities in Washington, New York, Maryland, Illinois, Missouri, Alabama and California. |
Sell | - |
