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New Deal


Announced

The Craftory to invest $50m in HIPPEAS.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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snacks

Private

Minority

Pending

Venture Capital

United States

Acquisition

Friendly

Cross Border

Food Products

Single Bidder

food producer

Private Equity

Synopsis

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The Craftory, a British venture capital firm, agreed to invest $50m in HIPPEAS, an organic snacks producer. "I am delighted to add HIPPEAS to the Craftory's great portfolio of cause driven brands. If ever a category has been left behind by the zeitgeist it's this one. The consumer agenda in snacking has fundamentally changed and HIPPEAS stands out as a clear leader," Elio Leoni Sceti, The Craftory Co-Founder.

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