M&A Deal Summary |
|
|---|---|
| Date | 2022-02-01 |
| Target | 4505 Meats |
| Sector | Food |
| Buyer(s) | Benestar Brands |
| Sellers(s) | Encore Consumer Capital |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
Benestar Brands operates as a holding company for brands of snack products, including pork rinds and tortilla chips. The brands include Pretzilla, Mac’s, Caso de Oro, PORQ and Chicas Chips. Its Evans Food division is a manufacturer of pork rinds, serving US and international markets. Its other divisions, Arboleda Foods, is the producer of tortilla chips and Pretzilla is the producer of soft pretzels. Benestar Brands was founded in 2019 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Food) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (California) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-05 |
Evans Food Group
Chicago, Illinois, United States Evans Food Group Ltd. is an international producer of branded, co-packed and private label pork rinds. Its diverse branded portfolio includes Mac’s, its largest branded offering and the #1 multi-outlet store brand for pork rinds in the US, alongside its other brands: Turkey Creek, Don Rudy, Cazo de Oro and Domingo’s. Pork rinds are one of the fastest-growing snack items, bolstered by the emerging interest of consumers to add these products to their diets as a nutritional option. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Encore Consumer Capital is a specialist private equity firm focused on the food and consumer products industries. Specific areas of interest include food and beverage, health and beauty care, pet, automotive aftermarket, infant and children's products, and leisure products. Encore prefers companies in revenues of $10 - $100 million. It looks to invest $5 - $40 million. Encore generally invests in control situations but will consider select minority investments. Encore will not invest in restaurant-only or retail-only companies. Encore operates in partnership with Encore Associates, a strategic advisory firm. Encore Consumer Capital was formed in 2005 and is based in San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 22 |
| Sector (Food) | 6 of 9 |
| Type (Add-on Acquisition) | 15 of 18 |
| State (California) | 6 of 6 |
| Country (United States) | 17 of 21 |
| Year (2022) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-20 |
Supergoop!
San Antonio, Texas, United States Supergoop! is a skincare brand advancing the notion of SPF all-day, every day. Supergoop! is the only prestige skincare brand 100% dedicated to suncare, making it easy to incorporate UV protection into the daily routine. Supergoop! was founded in 2007 and is based in San Antonio, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-06 |
Brownie Brittle
West Palm Beach, Florida, United States Brownie Brittle sells baking and innovative brownie products across club stores, grocery, mass market retailers, convenience stores, specialty retail, and airlines. Its snacks are available in tens of thousands of stores in the US, Canada, Mexico, Korea, Japan, Australia, and the Caribbean. Brownie Brittle was formed in 1992 and is based in West Palm Beach, Florida. |
Sell | - |
