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Food Venture Financing News - Weekly Issue No. 151

JD Supra: Mergers

Astor Group, a consumer-based advisory firm and merchant bank, announced that Taguchi & Co. a prominent Japanese bakery, has acquired Astor Group’s portfolio company, Brooklyn Brands, a dessert manufacturer that develops and acquires Brooklyn-based bakeries.

Food 130
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Commercial Food-Service Furniture Company Initiates Sell-Side Engagement

Sun Acquisitions

A leading provider of commercial food-service furniture solutions initiates sell-side engagement managed by Sun Acquisitions. Sun Acquisitions has successfully managed and handled engagements across all industries and is recognized as a leading M&A advisory firm in the Midwest.

Food 59
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Periculum Completes Senior Debt Placement for Morgan Foods, Inc.

Periculum Capital

Periculum Capital Company, LLC (“Periculum”) is pleased to announce it has completed a senior debt placement for Morgan Foods, Inc. The firm was founded in 1998 to provide sophisticated financial advisory and transaction services. The post Periculum Completes Senior Debt Placement for Morgan Foods, Inc.

Debt 52
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Interview with Mark Underhill from BMSS

Focus Investment Banking

FOCUS Managing Director and Food and Beverage Team Leader, Mike McCraw interviews Mark Underhill from BMSS. Mark is the team leader of BMSS’ transaction advisory services and provides insight to those interested in the possibility of selling their business.

Food 52
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Periculum Advises Prairie Mills in its Sale to Consolidated Grain and Barge Co

Periculum Capital

Periculum was engaged to advise on the sale of the business by the owner, John Cory, due to Periculum’s extensive food and ag expertise. Periculum’s customized process included contacting strategic buyers in the niche food ingredient market, and the broader grain and commercial mixes markets.

Sale 52
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Sun Acquisitions Announces Successful Sale of Petersen International Furniture to Commonwealth Initiatives LLC

Sun Acquisitions

Petersen International Furniture has built an impressive reputation in the commercial food service furniture industry over the past 40 years,” said Kevin Collins, Senior Advisor at Sun Acquisitions. Additionally, Sun Acquisitions provided ongoing advisory services to Petersen Furniture throughout the due diligence process.

Sale 59
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Intrepid Launches New Restaurant & Franchise Concepts Practice with the Addition of J.B. Hewetson

Intrepid Banker Insights

Hewetson to launch its Restaurant & Franchise Concepts M&A and capital advisory practice. Intrepid has a successful track record in consumer products and services, with established practices covering Food, Beverage & Agriculture; Beauty, Personal Care & Wellness; Lifestyle Brands & Apparel; and Toys & Giftware. “I