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New Deal


Announced

Completed

Gerawan Farming completed the merger with Paine Schwartz Partners-backed Wawona Packing.

Financials

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

Tags

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United States

fruit growing

fruit packing

Fruit and Grain Processing

Majority

Private

Private Equity

Domestic

Completed

Friendly

Single Bidder

Merger

private equity

Private Equity

Synopsis

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Gerawan Farming, a stone fruit producing company, completed the merger with Paine Schwartz Partners-backed Wawona Packing, a California-based supplier of high-quality stone fruit. Financial terms were not disclosed. “Over the last several years, we have focused on accelerating Wawona’s growth by building on the inherent strengths of our business and management team. Our acquisition last year of Burchell Nursery Inc.’s stone fruit genetics was one example, and now this historic merger with Gerawan takes it to yet another level. We are eager to bring the benefits of this merger to our employees, suppliers and customers,” Brent Smittcamp, Wawona Executive Chairman.

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