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New Deal


Announced

Completed

Bansk Group completed the acquisition of a majority stake in Red's All Natural.

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 Equity

Friendly

Single Bidder

Acquisition

Majority

frozen food

Private

United States

Food Products

Domestic

Completed

Synopsis

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Bansk Group, an investment firm, completed the acquisition of a majority stake in Red's All Natural, a manufacturer of clean-label frozen burritos and breakfast sandwiches. Financial terms were not disclosed. "We are excited to partner with the Red's team and support their next phase of growth. With today's consumers increasingly focused on clean, convenient eating options that offer dynamic flavor profiles, the frozen food market is ripe for disruption and Red's is well positioned to capitalize on significant growth opportunities ahead. As longtime investors in the food and beverage space, we believe brands that achieve superior taste coupled with clean, nutritious ingredients and convenient formats can achieve sustainable long-term brand differentiation, ultimately resulting in winning market share," Brian O'Connor, Bansk Group Senior Partner and CIO.

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