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  6. Sonoma Brands Acquires Chef’s Cut Real Jerky

M&A Deal Summary

Sonoma Brands Acquires Chef’s Cut Real Jerky

On July 9, 2020, Sonoma Brands acquired food company Chef’s Cut Real Jerky

Acquisition Highlights
  • This is Sonoma Brands’ 2nd transaction in the Food sector.
  • This is Sonoma Brands’ 2nd transaction in the United States.
  • This is Sonoma Brands’ 1st transaction in New York.

M&A Deal Summary
Date 2020-07-09
Target Chef’s Cut Real Jerky
Sector Food
Buyer(s) Sonoma Brands
Deal Type Add-on Acquisition

Target

Chef’s Cut Real Jerky

New York, New York, United States
Chef’s Cut was founded in 2009 with a mission to create the best tasting, highest quality real jerky on the market. The brand has built a roster of products including jerky, meat sticks, and biltong that are made with the finest real ingredients and premium cuts of steak. Under Sebastiani’s leadership, Chef’s Cut will continue to develop alongside KRAVE as part of a portfolio brands in the premium meat snacking space.

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Buyer(S) 1

Buyer

Sonoma Brands

Sonoma, California, United States
Category Company
Sector Consumer Products
DESCRIPTION

Sonoma Brands began as an incubator with plans to invest a minimum of $500,000 per investment in several small to mid-sized brands, building out management teams for collaborative action with the goal of driving growth, brand awareness, and the creation of strategic value for stakeholders. Sonoma Brands is based in Sonoma, California.

DEAL STATS #
Overall 2 of 2
Sector: Food M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 Krave Pure Foods

Austin, Texas, United States

Krave is an emerging healthy snack food company that makes and markets a line of eight delicious, better-for-you jerky products using premium-quality cuts of all-natural beef, pork, and turkey. Krave was formed in 2009 and is based in Austin, Texas.

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