M&A Deal Summary

Premio Foods Acquires LaBella Sausage

On October 1, 2013, Premio Foods acquired food company LaBella Sausage from The Anderson Group

Acquisition Highlights
  • This is Premio Foods’ 1st transaction in the Food sector.
  • This is Premio Foods’ 1st transaction in the United States.
  • This is Premio Foods’ 1st transaction in Florida.

M&A Deal Summary

Date 2013-10-01
Target LaBella Sausage
Sector Food
Buyer(s) Premio Foods
Sellers(s) The Anderson Group
Deal Type Add-on Acquisition

Target

LaBella Sausage

Brooksville, Florida, United States
La Bella Sausage LLC is a manufacturer of fresh and fresh-frozen private-label sausage products.

Search 214,239 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

Premio Foods

Rochelle Park, New Jersey, United States

Category Company
Sector Food
DESCRIPTION

Premio Foods, Inc. is a sausage manufacturer.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

DESCRIPTION

The Anderson Group is a private equity firm focused on acquiring US-based companies at the lower end of the middle-market. While Anderson will consider divestitures, generational sales, cash flow transactions, and leveraged recapitalizations, the Firm prefers investing in distressed businesses needing operational improvement. Target companies should have at least $10 million in revenue and $1 million in EBITDA (no minimum EBITDA in restructuring situations). Anderson is a generalist investor, however, the Firm avoids technology, natural resources or retail businesses. The Anderson Group was formed in 1985 and is based in St. Petersburg, Florida.


DEAL STATS #
Overall 5 of 12
Sector: Food M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 5
State: Florida M&A 1 of 1
Country: United States M&A 5 of 12
Year: 2013 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-16 Ashland Hardware Systems

Irving, Texas, United States

Ashland Hardware Systems, Inc. is a provider of residential window and door hardware to the fenestration industry. Company supply hardware to hundreds of wood and vinyl window/door fabricators throughout North America, including virtually all nationally recognized brands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 Aerial Wireless Services

Bellingham, Massachusetts, United States

Aerial Wireless Services LLC is a regional provider of wireless communication infrastructure construction and maintenance services. Aerial Wireless Services was formed in 2013 and is based in Bellingham, Massachusetts.

Buy -