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Announced

Completed

The Good Bean completed the acquisition of Beanitos.

Financials

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

Tags

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food producer

Single Bidder

Private

Majority

Completed

Domestic

United States

Acquisition

Disposal

Private Equity

Food Products

Friendly

Synopsis

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The Good Bean, a provider of roasted chickpea snacks, completed the acquisition of Beanitos, a snacks provider. Financial terms were not disclosed. "From the beginning our mission has been to make bean and plant-based snacking accessible, delicious, and affordable for everyone, while supporting responsible agriculture. The Beanitos portfolio perfectly complements the whole-bean snacking focus that The Good Bean is known for, and combining these two brands structurally and operationally will enable us to streamline many processes throughout the supply chain to create efficiencies for our industry partners – and ultimately our consumers in the US and Canada. We’re fortunate to have investment partners who believe in our vision and are eager to amplify growth for both brands," Sarah Wallace, The Good Bean Founder and CEO.

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