Food companies - any successful SF exits?

May 10, 2024

by a searcher from University of California, Los Angeles in Washington, DC, USA

Does anyone know of a successful search fund deal (acquired, ran, exited) in food products (can be a brand, copacker, or distributor)? Would love any leads to pick the brain of that entrepreneur...

1 Like

1 Reply

49 Views

Replies

Reply by a searcher
from Emory University in Tucson, AZ, USA

^redacted‌ I grew up in CPG food and know several founders who are still in growth mode, but have not yet reached exits. With the shifts in capital availability and retailers being more aggressive on SKU rationalization, I suspect the deal flow is slower than it has been in recent years. We've looked at a several brands, co-packers, and distributors in our search and found the multiple expectations in excess of a realistic return on those businesses in the near term. You may find some of the content from TIG Brands useful in evaluating the environment for food businesses as you explore opportunities - https://www.tigbrands.com/blog/

Join the discussion