1. Home >
  2. M&A >
  3. Buyout (LBO, MBO, MBI) >
  4. United States >
  5. Utah >
  6. MidOcean Partners Acquires Casper’s Ice Cream

M&A Deal Summary

MidOcean Partners Acquires Casper’s Ice Cream

On January 4, 2022, private equity firm MidOcean Partners acquired food company Casper’s Ice Cream

Acquisition Highlights
  • This is MidOcean Partners’ 3rd transaction in the Food sector.
  • This is MidOcean Partners’ 47th transaction in the United States.
  • This is MidOcean Partners’ 1st transaction in Utah.

M&A Deal Summary
Date 2022-01-04
Target Casper’s Ice Cream
Sector Food
Buyer(s) MidOcean Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Raymond James - Investment Banking (Financial)
Bennett Tueller Johnson & Deere (Legal)

Target

Casper’s Ice Cream

Richmond, Utah, United States
Casper’s Ice Cream is a manufacturer and supplier of branded and co-packed frozen novelty products sold through leading grocery and mass customers throughout the United States. Casper’s Ice Cream was founded in 1925 and is based in Richmond, Utah.

Search 205,615 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

MidOcean Partners

New York, New York, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MidOcean Partners is a private equity firm focused on acquiring controlling interests in middle-market companies throughout North America. The Firm has a preference for consumer and business services sectors including automotive, food/beverage, retail, consumer products, information services, infrastructure services, training and more. MidOcean seeks opportunities valued between $150 and $750 million where it can commit $75 to $300 million. In addition to investing equity, MidOcean also looks to provide flexible credit solutions as well. MidOcean Partners was formed in 2003 and is based in New York, New York.

DEAL STATS #
Overall 52 of 60
Sector (Food) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 16 of 18
State (Utah) 1 of 1
Country (United States) 47 of 55
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Hunter Fan

Memphis, Tennessee, United States

Hunter Fan is a manufacturer and distributor in the branded ceiling fan category. Ceiling fans, including the Hunter and Casablanca brands, are the main products of the company, while home comfort products, which consist of air purifiers, humidifiers, thermostats and lighting, comprise the remainder.

Sell $845M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-21 BH Cosmetics

Burbank, California, United States

BH Cosmetics is a direct-to-consumer color cosmetics brand focused on the Millennial / Generation Z consumer. BH offers a full suite of high-quality color cosmetics including products for the face, lips, eyes, brows as well as brushes and accessories. BH Cosmetics is based in Burbank, California.

Sell -
Mergr

Product

Company

Legal