M&A Deal Summary

Hometown Food Acquires SunnyD

On August 1, 2018, Hometown Food acquired beverage company SunnyD from Brynwood Partners

Acquisition Highlights
  • This is Hometown Food’s 1st transaction in the Beverages sector.
  • This is Hometown Food’s 1st transaction in the United States.
  • This is Hometown Food’s 1st transaction in Ohio.

M&A Deal Summary
Date 2018-08-01
Target SunnyD
Sector Beverages
Buyer(s) Hometown Food
Sellers(s) Brynwood Partners
Deal Type Add-on Acquisition

Target

SunnyD

Cincinnati, Ohio, United States
SunnyD is a producer of juice-based drinks in North America. The Company and brand was originally established in 1963 and is based in Cincinnati, Ohio.

Search 200,291 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Hometown Food

Chicago, Illinois, United States
Category Company
Founded 2018
Sector Food
DESCRIPTION

Hometown Food is a manufacturer and marketer of dry baking mixes, frozen pancakes, frozen waffles, frozen French toast, ready-to-spread frosting, flour, and other baking ingredients under the Pillsbury®, Funfetti®, Hungry Jack®, White Lily®, Jim Dandy®, Martha White®, Arrowhead Mills®, SunSpire®, De Wafelbakkers®, and Birch Benders® brands. Hometown Food was formed in 2018 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 4
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 1
Country (United States) 1 of 4
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-08 Arrowhead Mills

Hereford, Texas, United States

Arrowhead Mills, Inc. is a provider of organic baking, mixes, grains, cereals and nut butter. The company competes primarily in the baking and breakfast categories. Arrowhead Mills was founded in 1960 in the Texas Panhandle by Frank Ford.

Buy -

Seller(S) 1

SELLER

Brynwood Partners

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 2.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Brynwood Partners is a private equity firm that makes control investments in lower mid-market companies. The Firm has a preference for companies that are underperforming and/or undervalued, failed leveraged buy-outs or businesses that are under-financed and in need of an equity infusion. Target sectors include consumer products, light manufacturing in low capital intensive industries, service businesses and specialty retail companies. The Firm looks for opportunities valued between $25 and $500 million. Brynwood was formed in 1984 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 16 of 18
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 10 of 10
State (Ohio) 1 of 1
Country (United States) 15 of 17
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Hometown Food

Chicago, Illinois, United States

Hometown Food is a manufacturer and marketer of dry baking mixes, frozen pancakes, frozen waffles, frozen French toast, ready-to-spread frosting, flour, and other baking ingredients under the Pillsbury®, Funfetti®, Hungry Jack®, White Lily®, Jim Dandy®, Martha White®, Arrowhead Mills®, SunSpire®, De Wafelbakkers®, and Birch Benders® brands. Hometown Food was formed in 2018 and is based in Chicago, Illinois.

Buy $375M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Pearson’s

St. Paul, Minnesota, United States

Pearson’s is a manufacturer and marketer of Pearson's Salted Nut Roll, Pearson's Mint Patties, Pearson's Nut Goodies, and Pearson's Bun confectionery brands. Pearson’s was founded in 1909 and is based in St. Paul, Minnesota.

Sell -
Mergr

Product

Company

Legal