M&A Deal Summary

SkinnyPop Acquires Tyrrells Potato Crisps

On August 8, 2016, SkinnyPop acquired food company Tyrrells Potato Crisps from Investcorp International for 300M GBP

Acquisition Highlights
  • This is SkinnyPop’s 3rd transaction in the Food sector.
  • This is SkinnyPop’s largest (disclosed) transaction.
  • This is SkinnyPop’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-08-08
Target Tyrrells Potato Crisps
Sector Food
Buyer(s) SkinnyPop
Sellers(s) Investcorp International
Deal Type Add-on Acquisition
Deal Value 300M GBP
Advisor(s) Houlihan Lokey (Financial)
Shearman & Sterling (Legal)

Target

Tyrrells Potato Crisps

Leominster, United Kingdom
Tyrrells Potato Crisps Ltd. is a diversified, international snacking company that manufactures and markets iconic, market-leading brands including Tyrrells Potato Crisps®, Tyrrells branded Vegetable Crisps, Tyrrells Poshcorn®, Tyrrells Nibbles®, Tyrrells Tortillas®, in the United Kingdom, Europe and many other international markets; Yarra Valley, manufacturer of Thomas Chipman and The Wholesome Food Company brands in Australia; and Aroma Snacks, manufacturer of Lisa’s kettle chips in Germany.

Search 198,435 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

SkinnyPop

Austin, Texas, United States

Category Company
Founded 2010
Sector Food
Employees550
Revenue 271M USD (2016)
DESCRIPTION

Amplify Snack Brands, Inc. (dba SkinnyPop) is a marketer of packaged popcorn products. Amplify Snack Brands was founded in 2010 and is based in Austin, Texas.


DEAL STATS #
Overall 3 of 3
Sector (Food) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (United Kingdom) 1 of 1
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 Boundless Nutrition

Austin, Texas, United States

Boundless Nutrition is a manufacturer and distributor of Oatmega® bars and Perfect Cookie™ products in the natural, grocery, mass and foodservice sales channels across the U.S.

Buy -

Seller(S) 1

SELLER

Investcorp International

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 21.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp International, Inc. is a publicly traded global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 81 of 106
Sector (Food) 1 of 1
Type (Add-on Acquisition) 38 of 46
Country (United Kingdom) 11 of 14
Year (2016) 8 of 9
Size (of disclosed) 22 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-18 Polyconcept

Roelofarendsveen, Netherlands

Polyconcept supplies a wide range of promotional, lifestyle and gift products to more than 10,000 advertising distributors across Europe, as well as to various retail channels. End-users range from large corporations to small enterprises and consumers. Polyconcept was founded in 1973 and is based in Roelofarendsveen, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-10 TimePartner

Hamburg, Germany

TimePartner is a provider of high standing and highly qualified temporary workers for commercial and technical professions. TimePartner was founded in 2004 and is based in Hamburg, Germany.

Sell -