1. Home >
  2. M&A >
  3. Buyout (LBO, MBO, MBI) >
  4. United States >
  5. North Dakota >
  6. Kelso Acquires Dakota Growers Pasta Co.

M&A Deal Summary

Kelso Acquires Dakota Growers Pasta Co.

On January 1, 2007, private equity firm Kelso acquired food company Dakota Growers Pasta Co.

Acquisition Highlights
  • This is Kelso’s 1st transaction in the Food sector.
  • This is Kelso’s 21st transaction in the United States.
  • This is Kelso’s 1st transaction in North Dakota.
Investment Fate
  • Dakota Growers Pasta Co. was sold to a strategic buyer in 2010.
  • Dakota Growers Pasta Co. was divested to a consortium of strategic buyers in 2014 for 370M USD.

M&A Deal Summary
Date 2007-01-01
Target Dakota Growers Pasta Co.
Sector Food
Buyer(s) Kelso
Deal Type Buyout (LBO, MBO, MBI)

Target

Dakota Growers Pasta Co.

Carrington, North Dakota, United States
Dakota Growers with approximately $5 billion North American pasta market, with leadership positions in the private label retail, food service and ingredient channels. where it has durum wheat milling and pasta production capabilities.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Kelso

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1971
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kelso & Company is a private equity and investment management firm that seeks control investments in middle-market companies operating primarily throughout the US. Sectors of interest include manufacturing, communications, media, distribution, service, consumer products, retail, healthcare, transportation, logistics, textiles, & apparel, chemicals, and energy. Kelso looks to align 'management's interest with those of investors' when considering opportunities. Kelso & Company was formed in 1971 and is based in New York City.

DEAL STATS #
Overall 23 of 81
Sector: Food M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 16 of 30
State: North Dakota M&A 1 of 1
Country: United States M&A 21 of 70
Year: 2007 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-25 Overwatch Systems

Austin, Texas, United States

Overwatch delivers multi-source intelligence (multi-INT), geospatial analysis and custom intelligence solutions to the Department of Defense, national agencies and civilian organizations. Overwatch enables analysts to integrate and leverage multiple intelligence sources to improve situational understanding and deliver actionable intelligence in support of counter-terrorism, irregular warfare and civil applications such as climate control, ecosystem management and environmental planning.

Sell $325M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-11 Global Geophysical Services

Missouri City, Texas, United States

Global Geophysical Services, Inc. provides an integrated suite of Geoscience solutions to the global oil and gas industry including high-resolution RG-3D Reservoir GradeSM seismic data acquisition, multi client data library products, seismic and microseismic monitoring, processing, reservoir characterization and data analysis, interpretation services, and Autoseis® autonomous recording equipment.

Buy -
Mergr

Solution for

Product

Company

Legal