M&A Deal Summary |
|
|---|---|
| Date | 2021-01-19 |
| Target | Paleteria La Michoacana |
| Sector | Food |
| Buyer(s) | Helados Mexico |
| Sellers(s) |
Greyrock Capital Group
Canum Capital Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Piper Sandler & Co. (Financial) Mayer Brown (Legal) |
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Helados Mexico is a manufacturer of frozen novelty products under the Helados Mexico brand. The Company produces an assortment of traditional Hispanic offerings, including paletas, bolis, and mangonada cups, which are sold in a variety of flavors and pack sizes. Helados Mexico was founded in 1999 and is based in Ontario, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 350M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Greyrock Capital Group provides mezzanine debt and equity capital to finance buyouts, recapitalizations and growth needs of middle market companies. Greyrock looks to invest between $8 and $40 million of equity and/or junior capital in companies with minimum revenues of $10 million and at least $2 million of EBITDA. Greyrock prefers companies in defensible markets with low cost structures. Greyrock Capital was formed in 2002 and has offices in San Francisco, California; Chicago, Illinois; and Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 46 |
| Sector: Food M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 23 of 25 |
| State: California M&A | 10 of 12 |
| Country: United States M&A | 42 of 46 |
| Year: 2021 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-04 |
Kahunaverse Sports Group
Surrey, British Columbia, Canada Kahunaverse Sports Group evolved through the merger of Big Kahuna Sport Company and Home Run Sports in 2017, and the subsequent acquisition of Soccer Express in 2018 to become Canada's largest Team product provider to academic institutions, sports associations, clubs, and leagues, focusing on team wear and team equipment sales within key sports categories. Kahunaverse Sports Group was founded in 2017 and is based in Surrey, British Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-04 |
NutriScience USA
Milford, Connecticut, United States NutriScience USA develops and markets branded, highly differentiated nutritional ingredients that are sold to a variety of customers including blue-chip supplement and wellness brands. NutriScience USA was founded in 1993 and is based in Milford, Connecticut. |
Sell | - |
Canum Capital Partners is a private investment firm focused on acquiring and investing in lower middle-market businesses with $10 to $100 million of revenue. The Firm will consider opportunities across the US, with a preference for Western US-based businesses. Sectors of interest include consumer products/services, food/beverage, retail, niche manufacturing, value-added distribution, and business services. Prospective transaction situations include business owners seeking liquidity, divestitures, growth capital financings, recapitalizations, and distressed/special situations. Canum Capital Partners is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-01 |
Paleteria La Michoacana
Modesto, California, United States Paleteria La Michoacana is a producer, marketer, and distributor of premium ice cream and other fine desserts. The Company is known for its fine quality and methods used to produce its paletas, using natural fruits and ingredients of the highest quality. Paleteria La Michoacana was founded in 2002 and is based in Modesto, California. |
Buy | - |
