Investindustrial Completes Take-Private Acquisition of TreeHouse Foods

TreeHouse Foods Acquires Harris Tea Business for Approximately $205 Million

January 2, 2025

Food & Beverage

TreeHouse Foods, Inc. signed a definitive agreement to acquire certain subsidiaries operating the private brand tea business of Harris Freeman & Co (Harris Tea) for approximately $205 million. The deal includes Harris Tea’s manufacturing facilities in Moorestown, New Jersey and Marietta, Georgia, and is expected to be margin-accretive and provide vertical integration into TreeHouse’s tea business. TreeHouse later completed the acquisition for approximately $205 million.

Food52 Acquires Schoolhouse

December 14, 2021

Consumer Products

Food52 has entered into a definitive agreement to acquire Schoolhouse, the Portland-based lighting and lifestyle goods maker, for approximately $48 million in cash and stock. The transaction is being funded by investor TCG, which also provided an incremental investment to Food52 as it pursues retail expansion, product assortment growth, and build-out of creative studios.

Wolf & Company Acquires Treehouse Technology Group

May 15, 2024

Data & Analytics

Accounting and advisory firm Wolf & Company has acquired data strategy consultant Treehouse Technology Group (TTG) and its data analytics tool InsightOut for an undisclosed amount. The deal expands Wolf & Company's in-house data and analytics capabilities to provide deeper, actionable insights and analytics services to its clients.

Hydrofarm Acquires House & Garden

May 24, 2021

Agriculture

Hydrofarm Holdings Group, Inc. agreed to acquire House & Garden, Inc. and affiliated entities for approximately $125 million, funded with existing cash, with the acquired businesses becoming wholly owned indirect subsidiaries. The acquisition expands Hydrofarm's branded nutrients portfolio (including the House & Garden and Mad Farmer brands), with House & Garden expected to generate about $55 million in 2021 net sales and the deal valuing the business at under 7x estimated 2021 adjusted EBITDA.

House Foods Holding USA Acquires Keystone Natural Holdings from Keystone Capital

September 20, 2022

Food & Beverage

House Foods Holding USA, the North American subsidiary of House Foods Group Inc., has acquired Keystone Natural Holdings (KNH) from private equity firm Keystone Capital. The acquisition expands House Foods' portfolio of value-added tofu and plant-based products and supports accelerated U.S. market expansion, adding KNH's Folcroft, Pennsylvania manufacturing capabilities to House Foods' North American footprint.

Take-Two Interactive to Acquire Zynga

May 23, 2022

Software

Take-Two Interactive Software agreed to acquire all outstanding shares of Zynga in a cash-and-stock transaction valued at approximately $12.7 billion enterprise value. The deal provides Zynga stockholders $3.50 in cash and 0.0406 shares of Take-Two common stock for each Zynga share, and targets cost synergies and revenue opportunities from combining mobile and other interactive entertainment franchises.