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 | 3,469 |
| Revenue | 1.2B USD (2020) |
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. Based in Hanover, PA, Utz operates 11 facilities located in Pennsylvania, Colorado, Louisiana, Massachusetts, Alabama and Florida. Utz Brands was founded in 1921 and is based in Hanover, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 10 |
| Sector (Food) | 5 of 8 |
| Type (Add-on Acquisition) | 4 of 8 |
| State (Texas) | 1 of 1 |
| Country (United States) | 5 of 10 |
| Year (2020) | 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 | 358M USD |
| Size | Middle-Market |
| 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 $5 to $30 million of EBITDA. 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 3 |
| Sector (Food) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 3 |
| Year (2020) | 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 |
|---|---|---|---|
| 2021-12-08 |
New Engen
Seattle, Washington, United States New Engen is a growth-obsessed integrated marketing agency with deep, industry-shaping expertise across media, creative, market research, and analytics. It partners with the world's most innovative brands to accelerate the execution of winning ideas in a rapidly shifting market to achieve breakthrough results. New Engen was formed in 2016 and is based in Seattle, Washington. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity firm focused on buyouts of North American companies. Constitution 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. The Firm was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 23 |
| Sector (Food) | 3 of 3 |
| Type (Add-on Acquisition) | 9 of 11 |
| State (Texas) | 3 of 4 |
| Country (United States) | 19 of 20 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 5 of 8 |
| 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 |
|---|---|---|---|
| 2021-09-16 |
Acino
Zurich, Czech Republic Acino is a pharmaceutical company focused on developing, manufacturing and marketing well-proven and innovative pharmaceuticals in novel drug delivery forms. Acino was founded in 1836 and is based in Zurich, Czech Republic. |
Sell | - |
