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New Deal


Announced

Keystone Capital invested in Hometown Foods USA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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food producer

Acquisition

Private Equity

United States

Food Products

Private

Single Bidder

Synopsis

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Private equity firm Keystone Capital invested in Hometown Foods USA, a manufacturer of bagels and cake products sold to in-store bakeries, club stores, and the foodservice channel. Financial terms were not disclosed. “Joining forces with Keystone will provide us with a greater level of resources and capabilities to serve our client partners and bring Mrs. W’s Wonderlicious™ bundt cakes and our other high-quality bakery products to an even wider audience – all while preserving our unique culture and unwavering commitment to baking quality and innovation.” noted Troy Schwartzberg, President of Hometown Foods USA.

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