Hill & Valley/J&J Snack Foods

BB&T Capital Markets Serves as Exclusive Financial Advisor to Hill & Valley in its Sale to J&J Snack Foods

Transaction summary

On December 30, 2016, Hill & Valley Inc. (“Hill & Valley”), a portfolio company of Quilvest Private Equity, was acquired by J&J Snack Foods Corp. (NASDAQ: JJSF). BB&T Capital Markets served as the exclusive financial advisor to Hill & Valley.

About the companies

Hill & Valley

Hill & Valley is a manufacturer of a variety of pre-baked cakes, cookies, pies, muffins and other desserts to retail in-store bakeries. Hill & Valley is the leading brand of sugar-free and no sugar added pre-baked in-store bakery items. Additionally, Hill & Valley sustains strategic private labeling partnerships with retailers nationwide.

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Quilvest Private Equity

Quilvest Private Equity is the private equity arm of the Quilvest Group, a leading, global, independent wealth manager and private equity investor, with a presence in Europe, the Americas, Asia and the Middle East.

Learn moreabout Quilvest Private Equity (opens in a new tab)

J&J Snack Foods Corp.

J&J Snack Foods Corp. is a leader and innovator in the snack food industry, providing nutritional and affordable branded niche snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, its principal products include SUPERPRETZEL, BAVARIAN BAKERY and other soft pretzels, ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S, MINUTE MAID frozen juice bars and ices, WHOLE FRUIT sorbet and frozen fruit bars, MARY B’S biscuits and dumplings, DADDY RAY’S fig and fruit bars, TIO PEPE’S, CALIFORNIA CHURROS and OREO Churros, PATIO Burritos and other handheld sandwiches, THE FUNNEL CAKE FACTORY funnel cakes, and several cookie brands within COUNTRY HOME BAKERS.

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Food & Consumer

Our Food & Consumer investment banking expertise spans the across the entire supply chain: producers, manufacturers, distributors, and retailers.

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BB&T Capital Markets is a division of BB&T Securities, LLC, a wholly owned nonbank subsidiary of BB&T Corporation and Member FINRA(opens in a new tab) / SIPC(opens in a new tab). Securities or insurance products and annuities sold, offered or recommended are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may go down in value. Corporate banking products are offered through Branch Banking & Trust Company. Read all disclosures.