M&A Deal Summary

Compass Diversified Acquires Manitoba Harvest

On July 13, 2015, private equity firm Compass Diversified acquired food company Manitoba Harvest for 132M CAD

Acquisition Highlights
  • This is Compass Diversified’s 1st transaction in the Food sector.
  • This is Compass Diversified’s 11th largest (disclosed) transaction.
  • This is Compass Diversified’s 1st transaction in Canada.
  • This is Compass Diversified’s 1st transaction in Manitoba.
Investment Fate
  • Manitoba Harvest was sold to a publicly-traded strategic buyer in 2019 for 419M CAD.

M&A Deal Summary

Date 2015-07-13
Target Manitoba Harvest
Sector Food
Buyer(s) Compass Diversified
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 132M CAD

Target

Manitoba Harvest

Winnipeg, Manitoba, Canada
Fresh Hemp Foods Ltd. (Manitoba Harvest) is a provider of food products. Manitoba Harvest’s 100% all-natural product lineup includes hemp hearts, hemp protein powder, and hemp snacks and is currently carried in about 16,000 retail locations across the U.S. and Canada.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Compass Diversified

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Compass Diversified is a holding company focused on acquiring controlling interests in profitable small to middle-market businesses in attractive niche industries. Compass generally looks for US-based companies with proven management in place, low technological and/or product obsolescence risk, diverse customers, and EBITDA of at least $10 million. Compass Diversified was founded in 1998 and is headquartered in Westport, Connecticut.


DEAL STATS #
Overall 17 of 26
Sector: Food M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 12
State: Manitoba M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 11 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-13 Sterno

Plano, Texas, United States

Sterno manufactures and markets portable food-warming fuels, catering equipment and accessories, as well as home décor lighting and candle products for the hospitality, retail and consumer markets. Sterno was established in 1997 and is based in Plano, Texas.

Buy $163M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-27 CamelBak Products

Petaluma, California, United States

CamelBak Products LLC is a provider of personal hydration solutions for outdoor, recreation and military use. The company's products include hydration packs, reusable bottles and individual purification and filtration systems.

Sell $413M