Transaction Summary
Intrepid's Role:
Intrepid served as the exclusive financial advisor to Snak King, guiding the company through a competitive investment process. Leveraging deep industry expertise, Intrepid effectively positioned Snak King’s unique value proposition to attract the ideal partner.
Outcome:
Snak King secured a significant investment from Falfurrias Management Partners, a private equity firm with a strong track record in food manufacturing. The partnership aims to enhance Snak King’s operational capabilities and expand its market presence.
Why It Matters:
This transaction underscores Intrepid’s proficiency in the food and beverage sector, particularly in aligning founder-led businesses with strategic partners. By facilitating a partnership that respects Snak King’s legacy and growth ambitions, Intrepid ensured the company’s continued success in the competitive snack industry.
Overview
Founded in 1978, Snak King transformed from a small pork rind producer into a national snack manufacturing powerhouse, offering a diverse portfolio through private label, co-manufacturing, and in-house brands such as El Sabroso, The Whole Earth, Granny Goose, and Jensen’s Orchard.
Falfurrias’ experience will be enormously beneficial as we partner to achieve Snak King’s next phase of growth.
Barry LevinCEO, Snak KingTransaction Summary
Intrepid's Role:
Intrepid served as the exclusive financial advisor to Snak King, guiding the company through a competitive investment process. Leveraging deep industry expertise, Intrepid effectively positioned Snak King’s unique value proposition to attract the ideal partner.
Outcome:
Snak King secured a significant investment from Falfurrias Management Partners, a private equity firm with a strong track record in food manufacturing. The partnership aims to enhance Snak King’s operational capabilities and expand its market presence.
Why It Matters:
This transaction underscores Intrepid’s proficiency in the food and beverage sector, particularly in aligning founder-led businesses with strategic partners. By facilitating a partnership that respects Snak King’s legacy and growth ambitions, Intrepid ensured the company’s continued success in the competitive snack industry.
Falfurrias’ experience will be enormously beneficial as we partner to achieve Snak King’s next phase of growth.
Barry LevinCEO, Snak King- Jim Freedman Chairman
- Stuart Jones Vice President
- Ana Alvarenga Vice President