M&A Transactions
Cloverhill Pastry-Vend / JTM Foods: The company, a subsidiary of Hostess Brands, was acquired by JTM Foods, via its financial sponsor Tenex Capital Management, through an LBO on March 3, 2025 for an undisclosed amount. The company is a producer of fresh baked sweet goods distributed throughout North America.
Bayou Carlin Oyster Company / Prestige Oysters: The company reached a definitive agreement to be acquired by Prestige Oysters for an undisclosed amount on March 4, 2025. The company is an ecommerce provider of grilled oyster kits which include shucked Gulf oysters and compound butter.
Caravan Coffee Roasters / Individual Investors: The company was acquired by Mr. Miles Kirby, Ms. Laura Harper-Hinton and Mr. Christopher Ammermann for an undisclosed amount on March 5, 2025. The company is an operator of a coffee roasting business intended to serve customers across the United Kingdom.
D.B. Wine Selection / Panebianco: The company was acquired by Panebianco, a subsidiary of Colavita USA, for an undisclosed amount on March 4, 2025. The company is an importer and distributor of high quality wines from France, Europe and South America, that supplies retailers and restaurants primarily in the US New England states.
Jus-Rol / Rinkelberg Capital: The company, a subsidiary of Cérélia, was acquired by Rinkelberg Capital through an LBO on March 3, 2025 for an undisclosed amount. The company is a distributor of bakery products across the United Kingdom and Europe.
Le Bistrot Pierre / Cherry Equity Partners: The company was acquired by Cherry Equity Partners through an LBO on March 7, 2025 for an undisclosed amount. The company is an operator of a chain of restaurants located in the United Kingdom.
Potato Products of Idaho / Post Holdings: The company, a subsidiary of Mickelsen farms, was acquired by Post Holdings for an undisclosed amount on March 3, 2025. The company is a producer of refrigerated and frozen potato products for food service and grocery customers in the US.
Seattle Coffee Gear / Sur La Table: The company was acquired by Sur La Table, a subsidiary of CSC Generation, for an undisclosed amount on March 3, 2025. The company is a retailer of coffee equipment and coffee beans based in Lynnwood, Washington.
Sevillo Fine Foods / Woodland Gourmet: The company was acquired by Woodland Gourmet, via its financial sponsors Graham Partners and Barings, through an LBO on March 5, 2025 for an undisclosed amount. The company is a specialty food manufacturer of artisan vegetables, fruits, condiments and sauces for foodservice, retail and industrial customers.
The Danielsen Company / Good Source Solutions: The company was acquired by Good Source Solutions, via its financial sponsors Alvarez & Marsal, Highview Capital and Stellus Capital Management, through an LBO on March 3, 2025 for an undisclosed amount. The company is a distributor of fresh and frozen food products to K-12 schools and other foodservice customers in Northern California.
V.H. Azhderian / Martori Farms: The company was acquired by Martori Farms for an undisclosed amount on March 4, 2025. The company is a producer of melons in Los Banos, California.
Vitelli Foods / Colavita USA: The company was acquired by Colavita USA for an undisclosed amount on March 5, 2025. The company is a manufacturer of Italian food products based in Englewood, New Jersey.
Source: Pitchbook Data, Inc.
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