M&A Deal Summary |
|
|---|---|
| Date | 2016-05-18 |
| Target | Justin’s |
| Sector | Food |
| Buyer(s) | Hormel Foods |
| Sellers(s) | VMG Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 286M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) |
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| Category | Company |
|---|---|
| Founded | 1891 |
| Sector | Food |
| Employees | 20,000 |
| Revenue | 11.9B USD (2024) |
Hormel Foods is a multinational manufacturer and marketer of consumer-branded food and meat products. Hormel Foods was formed in 1891 and is based in Austin, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 17 |
| Sector (Food) | 11 of 17 |
| Type (Add-on Acquisition) | 6 of 9 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 11 of 15 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 6 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-26 |
Diamond Crystal Brands
Savannah, Georgia, United States Diamond Crystal Brands is a manufacturer and distributor of customized foodservice solutions, including sauces,dressings, condiments, drink mixes, salt, pepper, sweeteners and other food and beverage products. DCB has a diverse customer base of blue chip foodservice distributors, national restaurant chains and convenience stores. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-21 |
Clougherty Packing
Los Angeles, California, United States Clougherty Packing LLC (Farmer John Meats) is a provider of an integrated producer and processor of a full line of branded pork products. |
Sell | $145M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Focused |
VMG Partners is a private equity firm focused on early and growth stage investing in consumer products companies. VMG has a specific interest in the lifestyle, wellness, food and beverage, personal care, pet and leisure sectors of the consumer products industry. VMG targets US-based companies with revenues between $1 and $500 million. VMG was formed in 2005 and has offices in San Francisco and Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 24 |
| Sector (Food) | 7 of 14 |
| Type (Add-on Acquisition) | 10 of 20 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 10 of 23 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 6 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-05 |
Sonoma Brands
Sonoma, California, United States Sonoma Brands began as an incubator with plans to invest a minimum of $500,000 per investment in several small to mid-sized brands, building out management teams for collaborative action with the goal of driving growth, brand awareness, and the creation of strategic value for stakeholders. Sonoma Brands is based in Sonoma, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-04 |
Stone Brewing
Escondido, California, United States Stone Brewing is a craft brewer. Stone has appeared on the Inc. “5,000 Fastest Growing Private Companies” list many times and BeerAdvocate Magazine called Stone the “all-time top brewery on planet earth”— twice. Despite Stone’s rapid growth, the Company maintains an unwavering commitment to sustainability, ethical business practices, and making outstanding, unique beers. Stone Brewing was founded in 1996 and is based in Escondido, California. |
Buy | - |
