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New Deal


Announced

TowerBrook to invest a majority stake in Demakes.

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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Majority

United States

Protein Products

Food Products

Acquisition

Cross Border

Private

Private Equity

Friendly

Single Bidder

Pending

Synopsis

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TowerBrook, a New York and London-based international investment firm, agreed to invest a majority stake in Demakes, a manufacturer of value-added protein products. Financial terms were not disclosed. “We are thrilled to partner with the Demakes family to continue to build on the company’s legacy. Over the last century, Demakes has consistently delivered an innovative portfolio of products that resonate with US consumers’ increasing demand for convenient, health-conscious choices,” Michael Recht, TowerBrook Managing Director.

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