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New Deal


Announced

Completed

HelloFresh completed the acquisition of Factor75 for $277m.

Financials

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Transaction Value£208m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

fresh meals

Private

Cross Border

Friendly

Acquisition

United States

Majority

Single Bidder

Completed

Private Equity

Synopsis

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HelloFresh, a provider of meal kits, completed the acquisition of Factor75, a provider of fully-prepared, fresh meals, for $277m. "Direct-to-consumer ready-to-eat meals are a nascent food vertical that we believe has the potential to grow into a multi-billion dollar category over time. With Factor, HelloFresh, EveryPlate and Green Chef, we have four high-growth food brands in our Group, all benefiting from our strong growth engine, technology and supply chain infrastructure," Uwe Voss, HelloFresh US CEO.

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