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New Deal


Announced

Completed

KKR completed the acquisition of Bettcher Industries from MPE Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Production Technology Equipment

Majority

food processing equipment

Domestic

Friendly

United States

Acquisition

Private Equity

Private

Completed

Single Bidder

Synopsis

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KKR, an investment firm, completed the acquisition of Bettcher Industries, a manufacturer and supplier of food processing equipment, from MPE Partners, a private equity firm. Financial terms were not disclosed. “Bettcher is a great business and an iconic brand, and I am honored to support the Company in its growth ambitions from here. Through continued growth and accretive acquisitions, we can together build Bettcher into a scaled leader in food processing automation equipment and I look forward to working alongside the Bettcher management team and KKR to do exactly that,” Dan Daniel, KKR Executive Advisor.

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