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M&A Deal Summary

OWS Foods Acquires Lillie s Q

On December 2, 2024, OWS Foods acquired restaurant Lillie s Q

Acquisition Highlights
  • This is OWS Foods’ 1st transaction in the Restaurants sector.
  • This is OWS Foods’ 1st transaction in the United States.
  • This is OWS Foods’ 1st transaction in Illinois.

M&A Deal Summary
Date 2024-12-02
Target Lillie s Q
Sector Restaurants
Buyer(s) OWS Foods
Deal Type Add-on Acquisition
Advisor(s) Brown Gibbons Lang (BGL) (Financial)

Target

Lillie s Q

Chicago, Illinois, United States
Lillie's Q is a barbeque brand known for its authentic southern flavors and sauces, rubs, and seasonings. Growing up in Greenville, South Carolina, McKenna learned the art of true Southern BBQ from his Grandma Lillie, whom he named the company after. Lillie's Q was founded in 2010 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

OWS Foods

Overland Park, Kansas, United States
Category Company
Founded 1988
Sector Food
DESCRIPTION

OWS Foods is a manufacturer of custom blended spices, seasonings, ingredients, dry food products, and sauces for the retail, foodservice, and industrial channels. The Company offers R&D and co-development support, flexible and nimble manufacturing services, and diverse packaging options to its valued customers. OWS Foods was founded in 1988 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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