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New Deal


Announced

Completed

Tenex Capital Management completed the investment in JTM Foods.

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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Domestic

Private Equity

Food Products

Acquisition

Private

Single Bidder

snack pies

Friendly

United States

Majority

Completed

Synopsis

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Tenex Capital Management, a private equity firm that invests in middle market companies, completed the investment in JTM Foods, the largest manufacturer of handheld snack pies in North America. Financial terms were not disclosed. "We believe Tenex is the ideal partner for JTM and that the team’s manufacturing expertise will be highly beneficial as our business continues to grow and we work to enhance our offering and service the needs of our customers," Monty Pooley, JTM Foods President and CEO.

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