M&A Deal Summary |
|
|---|---|
| Date | 2015-07-13 |
| Target | Spartan Foods of America |
| Sector | Food |
| Buyer(s) | B&G Foods |
| Sellers(s) | Linsalata Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 50M USD |
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B&G Foods is a manufacturer, seller, and distributor of a diversified portfolio of high-quality, shelf-stable branded food products including pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, snack foods, fruit spreads, pasta sauces, beans, ready-to-use spices, salad dressings, marinades, taco shells and kits, and taco sauce and seasonings. B&G Foods was founded in 1822 and is based in Parsippany, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 19 |
| Sector (Food) | 10 of 19 |
| Type (Add-on Acquisition) | 5 of 9 |
| State (South Carolina) | 1 of 1 |
| Country (United States) | 10 of 19 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 12 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-03 |
Specialty Brands of America
Westbury, New York, United States Specialty Brands is a packaged foods company with a portfolio of strong and differentiated brands. Specialty Brands’ largest brand is Bear Creek Country Kitchens. Bear Creek is the leading brand of hearty dry soups in the United States. Bear Creek also offers a line of savory pasta dishes and hearty rice dishes. Specialty Brands also offers Spring Tree, Cary’s and MacDonald’s pure maple syrups and pancake syrups, New York Flatbreads and Canoleo margarine. |
Buy | $155M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-03 |
General Mills - Green Giant and Le Sueur Brands
Minneapolis, Minnesota, United States General Mills - Green Giant and Le Sueur brands is a provider of nutritious vegetables food products. |
Buy | $765M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 1.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Linsalata Capital Partners is a middle-market buyout firm that targets equity investments in businesses operating in a broad range of industries. Linsalata looks to invest $15 to $50 million in businesses generating at least $5 million in EBITDA. The Firm will consider transactions valued up to $300 million. Target sectors include automotive aftermarket products, building products, business services, aerospace, commercial durables, consumer packaged goods, contract manufacturing services, direct marketing, education, ethnic products, food and beverage, food service equipment, health and safety products, healthcare services and outsourcing, hobby/crafts, home furnishing, home improvement products, industrial products, infastructure products, leisure/recreation, logistics, medical devices and diagnostics, niche apparel, outdoor/garden living, packaging, personal services, pet products and services, and plastics. Linsalata Capital was formed in 1984 and is based in Mayfield Heights, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 41 |
| Sector (Food) | 1 of 3 |
| Type (Add-on Acquisition) | 18 of 21 |
| State (South Carolina) | 2 of 2 |
| Country (United States) | 32 of 41 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 9 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-13 |
RANDYS
Everett, Washington, United States RANDYS is an automotive aftermarket provider of highly engineered components under the Yukon and USA Standard brands. The company's main product categories include differentials, ring & pinion, and axle products that are generally used to improve the towing and/or traction performance of a vehicle. RANDYS was founded in 1982 and is based in Everett, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-21 |
Eatem Foods
Vineland, New Jersey, United States Eatem Foods Co. is a developer and producer of premium traditional, natural and organic savory flavor systems. Built on a rich, culinary heritage, Eatem provides the foundation for many of the country’s most recognizable savory brands. |
Sell | - |
