M&A Deal Summary |
|
|---|---|
| Date | 2020-11-12 |
| Target | Truco Enterprises |
| Sector | Food |
| Buyer(s) | Utz Brands |
| Sellers(s) |
Insignia Capital Group
Constitution Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 480M USD |
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| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Food |
| Employees | 3,000 |
| Revenue | 1.4B USD (2024) |
Utz Brands is a manufacturer and marketer of snack foods. Utz Brands produces a full line of snack products including potato chips, pretzels, cheese snacks, corn products and popcorn. Utz Brands was founded in 1921 and is based in Hanover, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 10 |
| Sector: Food M&A | 5 of 8 |
| Type: Add-on Acquisition M&A Deals | 4 of 8 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 5 of 10 |
| Year: 2020 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-31 |
Kitchen Cooked
Farmington, Illinois, United States Kitchen Cooked, Inc. is a manufacturer and distributor of snack foods. Kitchen Cooked is based in Farmington, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-11 |
Vitner’s Brand
City of Industry, California, United States Vitner’s Brand is a manufacturer and distributor of snack foods. The Company offers potato chips, cheese puffs, popcorn, pretzels, tortilla chips, and candy bars. |
Buy | $25M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Insignia Capital Group is a private equity firm focused on growth-oriented, lower middle-market companies throughout North America. The Firm targets profitable businesses with EBITDA greater than $5 million. Prospective transaction situations include management buyouts, corporate carve-outs, public-to-private transactions, build-ups, recapitalizations, growth equity investment,s and strategic minority investments. Insignia Capital was Insignia Capital Group was established in 2011 and is headquartered in Walnut Creek, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 2 of 4 |
| Year: 2020 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-27 |
MediaAlpha
Los Angeles, California, United States MediaAlpha is a marketing technology company that operates transparent and efficient exchange platforms that facilitate real-time transactions between advertisers and publishers of performance media. MediaAlpha has developed distinctive platform solutions for a range of insurance verticals, including auto, motorcycle, home, renter, health and life, and non-insurance verticals, including travel, education, personal finance, and home services. MediaAlpha powers over 200 million transactions annually, representing more than $400 million in aggregate media spend. MediaAlpha was founded in 2014 and is based in Los Angeles, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-01 |
Market Performance Group
Princeton Junction, New Jersey, United States Market Performance Group is an omnichannel commerce agency providing strategy and consulting services. MPG offers end-to-end omnichannel capabilities and integrated solutions for a wide range of strategy and commercialization needs, including strategy & business consulting, omnichannel strategy & services, business analytics & insights, consumer marketing & retail activation, order to cash/3 PL, and FleXforce. Market Performance Group was formed in 2002 and is headquartered in Princeton Junction, New Jersey. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 6.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 33 |
| Sector: Food M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 9 of 18 |
| State: Texas M&A | 4 of 6 |
| Country: United States M&A | 21 of 30 |
| Year: 2020 M&A | 4 of 4 |
| Size (of disclosed) | 9 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-06 |
Manna Pro
Chesterfield, Missouri, United States Manna Pro is a manufacturer and marketer of specialty pet care products, provides food, treats, and a wide assortment of high-quality health and wellness products for companion pets and hobby animals. Manna Pro was formed in 1985 and is based in Chesterfield, Missouri. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-01 |
Market Performance Group
Princeton Junction, New Jersey, United States Market Performance Group is an omnichannel commerce agency providing strategy and consulting services. MPG offers end-to-end omnichannel capabilities and integrated solutions for a wide range of strategy and commercialization needs, including strategy & business consulting, omnichannel strategy & services, business analytics & insights, consumer marketing & retail activation, order to cash/3 PL, and FleXforce. Market Performance Group was formed in 2002 and is headquartered in Princeton Junction, New Jersey. |
Buy | - |
