M&A Deal Summary |
|
|---|---|
| Date | 2024-05-01 |
| Target | Functional Formularies |
| Sector | Food |
| Buyer(s) | Danone |
| Sellers(s) | Swander Pace Capital |
| Deal Type | Add-on Acquisition |
SEARCH BY
Danone is a food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition, and Medical Nutrition. Danone was founded in 1899 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 41 |
| Sector: Food M&A | 24 of 24 |
| Type: Add-on Acquisition M&A Deals | 18 of 20 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 8 of 9 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-02 |
Horizon Organic
Broomfield, Colorado, United States Horizon Organic is a brand of certified organic foods in the United States and a brand of certified organic milk in both the United States and the United Kingdom. Horizon Organic was founded in 1991 and is based in Broomfield, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-25 |
Akkermansia
Mont-Saint-Guibert, Belgium Akkermansia specializing in next-generation probiotic and postbiotic supplements. Akkermansia was founded in 2019 and is based in Mont-Saint-Guibert, Belgium. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Focused |
Swander Pace Capital (SPC) is a private equity firm focused on investing in North American middle-market consumer products companies. SPC looks for companies exhibiting strong growth potential and sales of up to $500 million. Specific areas of interest include food/beverage, household products, health living, packaging, personal care, pet products, sporting goods, specialty apparel, and specialty distribution. Prospective investment situations include management-led buyouts, consolidations, divestitures, turnarounds, recapitalizations, and growth capital financings. SPC was formed in 1996 and has offices in San Francisco, California; Bedminster, New Jersey; and Ontario, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 42 |
| Sector: Food M&A | 22 of 22 |
| Type: Add-on Acquisition M&A Deals | 25 of 25 |
| State: Ohio M&A | 3 of 3 |
| Country: United States M&A | 35 of 35 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-16 |
Patriot Pickle
Wayne, New Jersey, United States Patriot Pickle provides a variety of refrigerated pickles, sauerkraut, and other pickled veggies. Patriot boasts a state-of-the-art, 86,000 square foot facility that is SQF Level 2 and HAACP certified. Patriot Pickle was founded in 2004 and is based in Wayne, New Jersey. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-27 |
Inovata
Edmonton, Alberta, Canada Inovata Foods is a private-label manufacturer of frozen entrées specializing in a wide variety of global cuisines ranging from Italian to Indian. The company’s production facilities and strong team provide customers with superior service, innovative R&D, professionalism, and competitive pricing models. Inovata Foods was formed in 1989 and is based in Edmonton, Alberta. |
Buy | - |
