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Announced

Completed

The Riverside Company completed the investment in Meridian Flavors.

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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Food Products

Domestic

Acquisition

sweet flavors

Friendly

food flavouring

Single Bidder

United States

Majority

Completed

Private

Private Equity

Synopsis

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The Riverside Company, a global private investor focused on the smaller end of the middle market, completed the investment in Meridian Flavors, a manufacturer of sweet flavors for bakery, cereal, beverage and other product categories. Financial terms were not disclosed. "Meridian is a great addition to the FlavorSum platform. The company’s strength in organic and natural flavors is on-strategy with consumer demand for better-for-you products. Additionally, the acquisition furthers FlavorSum’s commitment to being a solutions-focused flavor provider with a comprehensive portfolio of flavor and application technologies," Loren Schlachet, Riverside Managing Partner.

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