Announced
Synopsis
Forum Merger II, a special purpose acquisition company, agreed to combine the Ittella International, a plant-based food company with a broad portfolio of innovative products, and Forum as Tattooed Chef. This transaction will introduce Tattooed Chef as a Nasdaq-listed public company, with an anticipated initial enterprise value of approximately $482m, 2.2x Tattooed Chef’s estimated 2021 revenue of $222m, or 15.6x Tattooed Chef’s estimated 2021 Adjusted EBITDA of $30.8m. “After a thorough search, we are pleased to have signed a definitive agreement to bring Tattooed Chef public. The company has an exciting plant-based product portfolio, a compelling financial profile, and a long runway for growth. We look forward to working with the team at Tattooed Chef to further capitalize on these attractive growth prospects,” David Boris, Forum Co-CEO and CFO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.