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New Deal


Announced

Completed

The Jordan Company-backed Sunny Sky Products completed the acquisition of GoodWest Industries from Palladium Equity.

Financials

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

Synopsis

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The Jordan Company-backed Sunny Sky Products, a dispensed beverage manufacturer of cold dispensed, completed the acquisition of GoodWest Industries, a manufacturer and supplier of low-acid aseptic beverages solutions, from Palladium Equity. Financial terms were not disclosed. "GoodWest has experienced tremendous growth over the past few years, and its products and customer base are a natural fit for Sunny Sky. We look forward to welcoming GoodWest and its employees to the Sunny Sky family and are confident this partnership will better position us to scale our business and capitalize on our strong momentum. Additionally, we thank Palladium, who has been an excellent partner to GoodWest and has been instrumental in transforming the business into a world-class enterprise," W. Ashley Edens, Sunny Sky Products President and CEO.

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