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New Deal


Announced

TowerBrook Capital Partners and NewRoad Capital Partners to invest in Kevin's Natural 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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Private

Friendly

Private Equity

Single Bidder

food production

United States

Minority

Pending

Domestic

Food Products

Acquisition

Synopsis

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Private equity firms TowerBrook Capital Partners and NewRoad Capital Partners agreed to invest in Kevin's Natural Foods, a provider of a full line of healthy, refrigerated sous vide meat entrées and vegetable sides. Financial terms were not disclosed. "This is a big milestone for Kevin's. Not only are we expanding our capacity for growth, but we are also augmenting our team with knowledgeable, experienced professionals that share our passion around improving people's lives by making clean eating accessible, easy and delicious," Kevin McCray, Kevin's Co-Founder and COO.

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