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.
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.
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.
Food & Consumer
Our Food & Consumer investment banking expertise spans the across the entire supply chain: producers, manufacturers, distributors, and retailers.
Private Restaurant Chain
Senior Credit Facility
Lead Arranger and Administrative Agent
Two-Tranche Offering of Senior Notes
Jacent Strategic Merchandising
BB&T Capital Markets Serves as Exclusive Financial Advisor to Jacent Strategic Merchandising in its Sale to Gridiron Capital
Palladium Equity Partners, LLC
BB&T Capital Markets served as financial advisor to Palladium Equity Partners, LLC in their acquisition of Quirch Foods.
BB&T Capital Markets Serves As Exclusive Financial Advisor to The Bargain Barn, Inc. in its Sale to Gen Cap America
Golding Farms/Centre Partners
BB&T Capital Markets Serves as Exclusive Financial Advisor to Golding Farms Foods, Inc. in its Sale to Centre Partners
Promise/Mayfair Equity Partners
BB&T Capital Markets Serves as Financial Advisor to Promise Gluten Free in its Sale to Mayfair Equity Partners
Kinnealey Quality Meats/PFG
BB&T Capital Markets Serves As Exclusive Financial Advisor to T.F. Kinnealey & Co. in its Sale to Performance Food Group Company
KH International/Camerican International
BB&T Capital Markets Serves As Exclusive Financial Advisor to KH International in Its Sale to Camerican International
LaMi Products/Lariat Partners
BB&T Capital Markets Serves as the Exclusive Financial Advisor to LaMi Products in Its Sale to Lariat Partners
Dori Foods/GoodSource Solutions
BB&T Capital Markets Serves As Exclusive Financial Advisor to Dori Foods in its Sale to GoodSource Solutions, a Portfolio Company of Evergreen Pacific Partners
Senior Credit Facility
Halperns’ Steak and Seafood Company/Gordon Food Service
BB&T Capital Markets Serves as the Exclusive Financial Advisor to Halperns’ Steak and Seafood Company in its Sale to Gordon Food Service
Knoxville Beverage Company/Eagle Distribution Company, Inc.
BB&T Capital Markets Serves as the Exclusive Financial Advisor to Knoxville Beverage Company, Inc. in its Sale to Eagle Distributing Company, Inc.
BB&T Capital Markets is a division of BB&T Securities, LLC, member FINRA(opens in a new tab) / SIPC(opens in a new tab), and a wholly owned nonbank subsidiary of Truist Financial Corporation. 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. Read all disclosures.
© 2019, Truist Financial Corporation. All rights reserved.