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Announced

Completed

Bridgepoint completed the acquisition of Peyman from Esas Holding for $111m.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Turkey

Completed

Private

Single Bidder

Acquisition

Friendly

Majority

dried fruits

Cross Border

Food Products

Private Equity

Synopsis

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Bridgepoint completed the acquisition of Peyman, a Turkish packaged dried fruit, nuts and seeds producer, from Esas Holding, a family-owned investment firm, for $111m. "Peyman is a rapidly growing market leader capable of transforming into a larger and broader snack brand. With fresh capital and additional consumer expertise from Bridgepoint, Peyman will be able to accelerate growth, both in its traditional convenience store marketplace and by developing new brands and innovative products," Martin Dunn, Bridgepoint Partner.

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