M&A Deal Summary |
|
|---|---|
| Date | 2022-05-11 |
| Target | TNT Crust |
| Sector | Food |
| Buyer(s) | General Mills |
| Sellers(s) | Peak Rock Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Evercore Group Goldman Sachs (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 32,500 |
| Revenue | 20.1B USD (2023) |
General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 20 |
| Sector (Food) | 17 of 18 |
| Type (Add-on Acquisition) | 15 of 17 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 15 of 16 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-24 |
General Mills - European Dough Businesses
Germany General Mills' European Dough Businesses provides ready-to-bake dough solutions. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-25 |
General Mills - Helper and Suddenly Salad Brands
Minneapolis, Minnesota, United States General Mills' Helper and Suddenly Salad Brands provide meals and salads for clients. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2012 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Peak Rock Capital is a generalist private equity firm that makes debt and equity investments in middle-market companies. The Firm targets businesses with $50 million to $1 billion in revenue and can commit up to $500 million per transaction. Sectors of interest include business services, consumer products, distribution, energy services, healthcare, industrials, manufacturing, media, and metals. Peak Rock will consider a variety of transaction situations - from leveraged buyouts and recapitalizations to special situations. Peak Rock is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 17 |
| Sector (Food) | 4 of 4 |
| Type (Add-on Acquisition) | 7 of 8 |
| State (Missouri) | 2 of 2 |
| Country (United States) | 14 of 15 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-10 |
Mojix
Los Angeles, California, United States Mojix is a provider of item-level supply chain intelligence software. Mojix builds business intelligence from event-triggered actions tracking billions of unique identities, following item lifecycles from source to shelf. Mojix was founded in 2004 and is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-02 |
626 Imaging Services
Delray Beach, Florida, United States 626 Imaging Services provider of imaging equipment maintenance services, focused on providing responsive service to outpatient imaging centers, hospitals, and other Independent Service Organizations. 626 Imaging Services was founded in 2012 and is based in Delray Beach, Florida. |
Buy | - |
