Smithfield Foods Acquires Nathan's Famous for $450 Million

C&S Wholesale Grocers to Acquire SpartanNash for $1.77 Billion

June 23, 2025

Logistics & Distribution

C&S Wholesale Grocers will acquire SpartanNash in a cash transaction valued at $26.90 per share, representing total consideration of $1.77 billion including assumed net debt. The companies entered into a definitive merger agreement and expect the deal to close in late 2025, subject to shareholder and regulatory approvals.

Prairie Farms Dairy Acquires SmithFoods

October 8, 2024

Food & Beverage

Edwardsville, Illinois-based Prairie Farms Dairy has acquired Ohio-based SmithFoods, a regional dairy manufacturer founded in 1909, for an undisclosed sum. The deal expands Prairie Farms' Ohio footprint and complements its existing network of dairy plants, with both companies committed to a seamless integration and continued service to customers and communities.

Pearl Street Equity Acquires Famous Brands Franchising (Mrs. Fields & TCBY)

October 25, 2023

Food & Beverage

Pearl Street Equity LLC, a New York-based single-family office, has acquired Famous Brands Franchising (the parent company of Mrs. Fields and TCBY). The Salt Lake City–headquartered franchising business operates more than 350 franchised locations worldwide and will pursue expanded franchisee support and global growth under new ownership.

Steve Madden Acquires Almost Famous

October 23, 2023

Consumer Products

Steven Madden, Ltd. (Steve Madden) completed the acquisition of privately held Almost Famous, a designer and marketer of women's apparel, for $52 million in cash plus an earn-out. Almost Famous reported approximately $163 million of revenue for the 12 months ended September 30, 2023 and sells through wholesale channels (mass merchants, department stores, off-price retailers and chain stores) in the United States.

Tyson Foods Acquires Williams Sausage Company

May 22, 2023

Food & Beverage

Tyson Foods completed the acquisition of Williams Sausage Company, a 65-year-old Union City, Tennessee-based maker of fresh and fully cooked sausage, bacon and sandwiches, adding manufacturing capacity and retail/foodservice product lines to Tyson's Prepared Foods segment. Williams Sausage employs about 500 team members and will have operational continuity with Emily Billingsley (founder's daughter) overseeing operations during the transition.

Sweet Harvest Foods Acquires Nature Nate's Honey Co.

January 4, 2022

Food & Beverage

Sweet Harvest Foods, a natural sweeteners platform in the Blue Road Capital portfolio, has purchased Nature Nate's Honey Co. from founder Nathan Sheets and will merge the brand into the Sweet Harvest platform. The deal brings the leading U.S. branded honey business together with Sweet Harvest to accelerate growth of the honey and natural sweetener market and expand retail availability.