Investment Summary

Bain Capital Credit Invests In CJ Foods America

On May 23, 2019, lender Bain Capital Credit invested in food company CJ Foods America from CJ Cheiljedang

Investment Highlights
  • This is Bain Capital Credit’s 1st transaction in the Food sector.
  • This is Bain Capital Credit’s 1st transaction in the United States.
  • This is Bain Capital Credit’s 1st transaction in California.

Investment Summary

Date 2019-05-23
Target CJ Foods America
Sector Food
Investor(s) Bain Capital Credit
Sellers(s) CJ Cheiljedang
Deal Type Stake Purchase

Target

CJ Foods America

La Palma, California, United States
CJ Foods America is the U.S. food operations manufacturer and distributor of Asian food products with a focus on Korean food. Through brands, Bibigo and Annie Chun's, CJ Foods are able to offer an extensive range of packaged food products, including dumplings, noodles, and sauces. Backed by a global company with over 60 years of experience in the food industry, CJ Foods’ mission is to drive awareness of Asian food, especially Korean food, and provide only the best quality products to U.S. households across the nation.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Bain Capital Credit

Investor Investor Investor Investor Investor


Category Lender
Founded 1998
PE ASSETS 43.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Credit is a provider of credit, lending, and other related investment strategies. The Firm's private credit group looks to fund profitable middle-market businesses with $10 to $150 million of EBITDA. Bain Capital Credit is sector agnostic and will consider opportunities throughout North America, Europe, and Australia/New Zealand. Bain Capital Credit was founded in 1998 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 11
Sector: Food M&A 1 of 3
Type: Stake Purchase M&A Deals 1 of 3
State: California M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 HARIT

Tavagnacco, Italy

HARIT is a real estate leasing business regulated by Banca d’Italia and headquartered in Tavagnacco, Italy. HARIT manages a proprietary portfolio which mainly consists of repossessed assets as well as performing and non-performing leasing contracts. HARIT is based in Tavagnacco, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 Surf Broadband

Elkhart, Indiana, United States

Surf Broadband provides predominately fiber-based, high-speed broadband to residential subscribers, businesses, educational institutions, and municipalities across Indiana, Illinois, and Michigan. Surf Broadband was founded in 1999 and is based in Elkhart, Indiana.

Buy -

Seller(S) 1

SELLER

CJ Cheiljedang

Seoul, South Korea

Category Company
Founded 1953
Sector Food
Revenue 29.36T KRW (2024)
DESCRIPTION

CJ Cheiljedang engages in food and food ingredients, bioengineering, and feed and livestock businesses in South Korea and internationally. CJ Cheiljedang aims to globalize the taste of Korea by creating a balanced taste between Korean cuisine and local preferences, and share a healthy and convenient lifestyle. CJ Cheiljedang manufactures and sells sugar, flour, and pre-mix products, and oil and fat products under the Haechandle, Dasida, and Petitzel brand names. CJ Cheiljedang was founded in 1953 and is headquartered in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Schwan s Company

Marshall, Minnesota, United States

Schwan’s Company is a frozen food company that operates nationwide frozen food manufacturing infrastructure and sales network. The Company has 17 manufacturing facilities and 10 distribution centers in the US, and competes with global food companies including Nestlé in the frozen pizza, frozen pie, and frozen Asian appetizer categories with #1 or #2 in market shares.

Buy -