M&A Deal Summary |
|
|---|---|
| Date | 2017-02-01 |
| Target | Michael Angelo s Gourmet Foods |
| Sector | Food |
| Buyer(s) | Sovos Brands |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Piper Sandler & Co. (Financial) Giannuzzi Lewendon (Legal) |
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| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Food |
| Revenue | 878M USD (2022) |
Sovos Brands is formed to acquire and build a portfolio of food and beverage brands. Sovos Brands invest in unique brands that have exciting growth potential, combining industry expertise with fresh thinking to bring our products into more homes across America. Sovos Brands was founded in 2017 and is based in Berkeley, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Food M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 1 of 3 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2017 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-08 |
Rao s Specialty Foods
New York, New York, United States Rao's Specialty Foods, Inc. is a producer of super premium pasta sauce, with Rao's Homemade ranking as the leading brand in the super premium pasta sauce segment. In addition to sauces, Rao's Specialty Foods offers a selection of premium dry pasta, dressings, marinades, olive oils, vinegars, tomatoes and fire-roasted red peppers. |
Buy | - |
