Announced
Completed
Synopsis
Neuberger Berman-backed Marquee Brands, a luxury retail brands holding company, completed the acquisition of a majority stake in America's Test Kitchen, a food and culinary media business. Financial terms were not disclosed. "For more than 30 years, America's Test Kitchen has helped people become better cooks with the most tested and trusted recipes and reviews in the industry. ATK has undergone numerous evolutions, but one thing has always remained consistent: its relentless dedication to providing customers with joyful cooking experiences. As a loyal subscriber for many years, I am extremely excited to join the talented ATK team to help grow this storied company. Likewise, it's a pleasure to become part of the Marquee Brands family and I look forward to continuing to build long-term brand value together," Dan Suratt, ATK Soon-to-be CEO.
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