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New Deal


Announced

Completed

New Water Capital completed the acquisition of Klosterman Baking Company.

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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bakery products

United States

Private

Domestic

Majority

Private Equity

Friendly

Acquisition

Single Bidder

Completed

Food Products

Synopsis

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New Water Capital, a private equity investment firm, completed the acquisition of Klosterman Baking Company, a manufacturer of bakery goods. Financial terms were not disclosed. "Klosterman's leading position as a producer and distributor of fresh and frozen bakery items to major grocer, restaurant and institutional customers offers a recession-resistant investment opportunity with excellent long-term growth potential," Anuj Singh, New Water Principal.

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