CPG Flashcards

1
Q

8th Ave Food & Provisions

A

THL
2018
12.2x / $1,258

Holding company for different food products including pastas, nut butters, fruit & nut and granola

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Active Nutrition Division (The Bountiful Co.)
No price / multiple

A

4x4 Capital (PE firm); purchased from KKR and Carlyle
2021
? / $50M EBITDA

Includes Pure Protein (bars and snacks), Body Fortress (protein powders) and MET-rx (meal replacement)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Amplify Brands

A

The Hershey Company
2017
18.4x EBITDA / $1.5B

Snack company that owns Skinny Pop, Paqui (flavored tortilla chips)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Angie’s (1 of 2)

A

TPG Growth
2014
2x Revenue / $125M

Maker of Boom Chicka Pop

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Angie’s (2 of 2)

A

Conagra
2017
35x EBITDA / 3.0x Revenue

Boom Chicka Pop

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Annie’s

A

General Mills
2014
38.5x EBITDA / 3.9x Rev / $820M

Healthy Mac and cheese, snacks, frozen foods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Atkins Nutritionals

A

Simply Good Foods Co. / Conyers Park purchased from Roark
2017
11.6x / $850

Developer, marketer and seller of branded nutritional food and snack products

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Atrium Innovations
No EBITDA

A

Nestle (from Premira)
2017
3.3x Revenue / $2.3B

main brands are Garden of Life (#1 Natural supplement provider) and Pire Encapsulations (hypoallergenic dietary supplements)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Back to Nature Foods Co.

A

B&G Foods (Public)
2017
9.6x EBITDA / $163M

Plant based cookies, crackers and granola

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Bai Brands

A

Keurig Dr. Pepper
2016
21.5x / $1.7B

Brand of enhanced water / juices and RTD teas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Bare Snacks
No EBITDA

A

PepsiCo.
2018
4x Rev / $140M

Dried fruit chips

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

BarkThins

A

The Hershey Co.
2016
27.5x / 4.6x Rev / $275M

Chocolate bark (covering seeds / nuts)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Birch Benders

A

Sovos Brands (food portfolio includes Rao’s pasta / sauces and numerous other food categories)
2020
29.2x / 3.0x Rev

Producer of better for you pancake and waffle mixes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

BluePrint Cleanse

A

The Hain Celestial Group
2012
1.3x Rev / $26M

Raw Juice for cleanses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Bob Evan’s Farms Inc (CPG Business)

A

Post Holdings
2018
15.4x / $1.5B

Producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage and other frozen foods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Chicago Bar Co. (Rx Bar)

A

Kellog’s
2017
30x EBITDA/ 5x Rev / $600M

Rx Bars

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Cholula

A

McCormick & Co.
2020
25x EBITDA / 8x Rev (33% margin)

Hot sauce

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Chosen Foods

A

Butterfly Equity
2021
16.2x / $480M

Avocado oil and avocado-based kitchen staples (mayo, cooking sprays, sauces, guacamole, salsa)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Core Nutrition

A

Keurig Dr. Pepper
2018
7x Rev / $525

Premium Bottled Waters (OIP NY bottles)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Cytosport

A

PepsiCo
2019
11x / $465M

Muscle Mill and Evolve (plant-based) brands

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Daiya Foods

A

Otsuka Pharmaceutical
2017
30x EBITDA/ 4.5x Rev / $326M

Plant-based, dairy-free foods (pizzas, cheeses, etc.)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Dr. Pepper Snapple

A

Keurig
2018
17x / $25.6B

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Epic Provisions

A

General Mills
2016
4.5x Rev / $65M

Premium meat snacks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Frontera (Packaged Foods)

A

Conagra
2016
2.7x Rev / $112

Gourmet Mexican food and contemporary American cooking sauces

https://www.fronterafoods.com/salsa

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Grenade
Mondelez (portfolio of snacks and cookies) 2021 2.5x Rev / $277 Sports performance and active nutrition brand
26
GSK Health Food Drinks
The Unilever Group 2018 28x EBITDA / $3.75B Drinks in Asian markets
27
Health Warrior
PepsiCo 2018 3.4x Rev / $30M Nutrition-forward, plant-based nutrition bars (chia seed bars)
28
Health-Ade
Coca Cola 2019 2.6x Rev / $250 Kombucha
29
JM Smuckers US Baking Business
Brynwood Partners (PE) 2019 7.5x / $375 Includes Pillsbury, Hungry Jack, Martha White
30
Justin’s
Hormel 2016 4x Rev / $286M Organic nut butters
31
Kevita
PepsiCo 2016 3.3x / $200M Kombucha
32
Kind
Mars 2017 4x Rev / $3B Kind bars
33
Wessanen
PAI Partners 2019 14x / $985
34
Krave Jerky
Hershey 2015 5.0x Rev / $240 Nutrition-forward jerky (zero sugar / plant-based)
35
Lily’s Sweets
Hershey 2021 20x EBITDA/ $450M Low sugar BFY confectionary products (chocolate chips)
36
Mary Ruth Organics
Butterfly 2021 27x EBITDA / 3.6x Rev / $375 Digitally-native health and wellness brand operating in the premium vitamins, minerals and supplements
37
Mondelez
Clif Bar 2022 3.2x Rev / $2.9B Cookie and cracker company (wheatthins, sour patch, chips ahoy, belvita)
38
Naked Juice Co.
PepsiCo 2007 19x EBITDA / 1.7x Rev / $250M Naked juice
39
Bountiful Co
Nestle (from KKR) 2021 17x EBITDA / $5,750 Supplements (Nature’s Bounty, Puritan’s Pride)
40
Nestle Ice Creams
Froneri/ PAI Partners 2019 15x EBITDA/ $4B Included Haagen-Dazs, Drumstick, Dreyer’s
41
Oatly
Black stone 2020 4.2x Rev / $2B Oat Milk
42
Old Orchard Brands
Lassonde Industries 2018 9.2x / $146M Juices (apple / cranberry)
43
Olde Thompson
Olam International (sold by Kainos) 2021 12x / $950 Private label and branded spices
44
ONE Brands
Hershey 2019 25x EBITDA / 4x Rev Protein bars / caffeine bars
45
Orgain
Nestle 2022 21.5x EBITDA / 3.7x Rev / $1.5B Organic protein powder
46
Pacific Foods of Oregon
Campbell Soup 2017 21x EBITDA/ 3x Rev / $700M Broth and soup products
47
Perfect Snacks
Mondelez 2019 19x EBITDA / 4x Rev / $340M Perfect Bars
48
Pinnacle Foods
Conagra 2018 16x / 11B Frozen, refrigerated and shelf-stable brands (log cabin, Earth Balance, etc.)
49
Pirate Brands
Hershey Company (bought from B&G) 2018 14.5x EBITDA/ $420M Pirate’s Booty
50
BFY Brands (Popcorners)
PepsiCo 2019 18x EBITDA / 3x Rev / $450 Corn-based chips
51
Primal Kitchen
Kraft Heinz 2019 4x Rev / $200M Whole 30 salad dressings
52
Quest Nutrition
The Simply Good Foods Co. 2019 20x / 3x Rev / $1B Protein Bars / Powders
53
Reckitt Benckiser’s Food Division
McCormick & Co. 2017 20x / $4.2B Frank’s RedHot, French’s, Cattlemen’s
54
Rockstar
PepsiCo 2020 17x EBITDA/ $3,850M (55% EBITDA margin) Energy drink
55
Sequel Natural
The Whitewave Co 2015 30x EBITDA/ $550M Vega plant based protein powder
56
Siggis
Lactallis (French dairy company) $300M Icelandic style yogurt
57
Simple Mills
Vestar Cap Partners 2019 4.5x Rev / $290 Clean label baking mix / cracker brand (almond flour)
58
Sir Kensington’s
Unilever 2017 2.3x Rev / $140 Condiments and dressings
59
Slimfast
Glanbia 2018 15x / $350 Diet drinks / bars
60
Smart Sweets
TPG Growth 2020 20x EBITDA / $270M Low sugar candy
61
Snyder’s Lance
Campbell 2018 20x EBITDA/ $6B Chips brands like Snyder’s Pretzels, Kettle Brand, Cape Cod
62
Stonewall Kitchen
Audax 2019 10x / $130 Spreads and sauces
63
Stonewall Kitchen (2)
TA Associates 2022 14x / $500M Sauces and spreads
64
Stonyfield Farm
Groups Lactalis 2017 20x / $875 Yoghurt and milk
65
Suja
Paine Schwartz 2021 11x / $275 Cold pressed juices, functional shots and now an athletic greens competitor
66
Tropicana Naked
PAI Partners (French PE) carve out from Pepsi 2021 $3.3B
67
Unilever Spreads
KKR 2018 10x / 8B Brands include Becel, Flora, Country Crock, I can’t believe it’s not butter
68
Van’s Natural Foods
Hillshire Brands 2014 3x Rev / $165 Better for you frozen foods / snack foods
69
Victoria Fine Foods
B&G Foods 2016 8x / $70M Pasta sauces
70
Vital Proteins
Nestle 2020 30x / 4x Rev / $850 Collagen powder
71
Whitewave
Danone 2016 25x / 3x Rev / $12.5B Portfolio of dairy and plant based alternatives (milk, protein powder, almond milk, veges)
72
Wish-Bone
Pinnacle Foods from Unilever 2013 23x / 2.5x Rev / $455M Salad Dressing Business
73
Yasso
Castanea 2017 18x / $160M Frozen green yogurt bars