Manoli Kulutbanis’ Post

With Guzman y Gomez continuing to make headlines after their IPO last month, InvestorHub Co-CEO Ben Williamson said brands like GYG have a key advantage among listed companies “because anyone can understand their business model.” “These businesses are fundamentally sound, and their revenue models are easy to grasp. Whether it’s food or online ad revenue, you don’t need a (chartered financial analyst) to understand how they make money, nor do you need any education on their brand," he said in an article by Seven West Media. #GYG #IPO #ASX #stockmarket

Europastry, a third-generation family business, is launching an IPO valued at €1.5 billion. Considering the company generated €1.3 billion in turnover last year – this IPO will be one to watch as it highlights how family businesses can evolve from a small bakery to a supplier for major brands like Starbucks and Dunkin’ Donuts. The big questions now are how this IPO will lead to M&As and whether the Gallés family will maintain the same level of control and oversight. #familybusiness #IPO #businessgrowth

A deep dive into CAVA... Everything from our full-service origins to our fast-casual founding, Zoes Kitchen acquisition, IPO, current strategic initiatives, and more... Thanks to Danny Klein, Sam Danley, and QSR for the coverage and telling our story. #restaurants #fastcasual #mediterranean #ipo #categorydefining Take a read here 👇 https://lnkd.in/euKkTdbi

👑Most 600 year-old company stories aren't just tales of an epic brand and a cult-like following. I've been working on a video about the history of Stella Artois, and much of it is dominated by what I can best describe as "AQUISITIONS! MERGERS! STONKS!!!" 1987- Interbrew(a Belgian alchohol manufacturer and investor) acquired Stella Artois 2004-  InBev is created by the merger of Interbrew and AmBev, another brewing and investing group from Brazil. 2008- Anheuser-Busch InBev was formed through the merger of InBev and Anheuser-Busch. We don't know exactly what Inbev's revenue was before they went public in the early 2000's. Somewhere around 1.5 billion in the early 90s. What we do know is that their first year public, Inbev reports 5.5 billion in revenue. Today, Stella makes up about 9% of Anheuser-Busch's total international revenue... Somewhere around $5,202,000,000. Easy to chalk this story up to strategic c-level moves alone. Easy to forget that the brand story itself is an impressive tale of individual grit and national heritage. Stella Artois begins with the founding of The Den Hoorn brewery in Leuven, Belgium in 1366. They still honor the place with the little horn at the top of the logo. Sebastian Artois buys the building in 1717. He sells a variety of Belgian Pale Ales, Pilsners, and holiday beers... which are still a unique thing at least in the US that Stella is known for. The light, nearly go-with anything beer in its iconic chalice-bottle you're used to drinking wasn't first brewed until 560 years later in 1926. 61 years later, the largest beer distributer in Belgium picks up the brand and begins it's trajectory to a house hold name. ________________________________________ P.S. I didn't realize that Stella is known as more or less mediocre or even a garbage beer to Brits and Belgians. I'm curious, what's YOUR personal take on Stella? Classy? Nasty? I like it. I didn't realize some people have... shall we say... stronger feelings lol.

Interesting read on how CAVA set up mock k's/Qs and earning releases well before their IPO

The Secret to Success❓ 💥 PREPAREDNESS 💥 CAVA is a true success story for the benefits of pre-IPO readiness 👏 The IPO was “not a destination, it was just another step in our journey,” - CFO Tricia Tolivar. Cava's path to going public required extensive preparation over the course of 18-24 months. 💬 “We conducted five mock earnings calls, we prepared ourselves as if we were public,” Tolivar said in an interview. “We drafted earnings releases, drafted scripts, prepared mock public filings, and that really prepared us very well so that when we went public we weren’t doing a lot of things for the first time.” 💯 If you're considering an #IPO, be prepared to Hit the Ground Running ➡ https://lnkd.in/eSYRrzSj #ipos #preipo #iporeadiness #workiva #publiccompany #secreporting https://lnkd.in/ee-vRNSz

I am looking for cases of good acquisitions. Good for employees, customers, and the value chain. Not just previous and new owners. Can you help me? What sparked my interest: → Vinted fired all 79 Trendsales employees last week, one month after it acquired the business. FYI, Vinted is owned by several VC funds. It made me think of: → Sapporo acquired Anchor Brewing and shut it down last year after being in business for 127 years. → AURELIUS acquired The Body Shop in late 2023, and that business was filed for administration in early 2024. → Nestle acquired Lily's Kitchen (dog food) in 2020, and all the talk in town was that they changed their recipes afterward (rumors only, though, but Google it and see for yourself). I have no problems finding acquisitions "gone wrong," but that's a little one-sided. So, here I am, asking you to help me find good cases. There must be some out there.

🚨 Food & Beverage M&A Highlights – September 2024🚨 The M&A landscape in the Food & Beverage sector continues to evolve, with Q2 2024 showing a median transaction value of $31 million. Strategic buyers dominated the scene, accounting for 89% of all deals. Here are some notable recent acquisitions: 🔹 Argonautic Ventures acquired Benson Hill for $131 million in June 2024. 🔹 Lassonde Industries took over Summer Garden Food Manufacturing for $280 million, also in June. 🔹 Adventures Capital finalized the acquisition of Pruvit Ventures for $107 million in June. 🔹 Above Food Ingredients added GoodWheat to its portfolio for $4 million in May. 🔹 Glanbia secured Flavor Producers for a sizable $355 million in April. This trend of strategic consolidation is shaping the future of the industry. Stay tuned for more updates! #MergersAndAcquisitions #FoodAndBeverage #StrategicGrowth

As part of the majority of our M&A work in Voluntās, I am +1 to everything that Nicolai E. E. Iversen points out in this post👇🏻. Culture, organization, and leadership are crucial for a successful transaction, yet they are continuously underprioritized. Our point of view is that this isn't due to bad intentions but because the tools to measure these elements are scarce🤷🏻♀️. However, echoing J.F.K., we choose to develop and implement the CDD™️ with our partners ranging from companies and PE-fonds not because it is easy, but because it is hard.

Did you know we host happy hours on the first Tuesday of every month? This month's theme is M&A in May! Join us for an engaging M&A panel with Josh Springer and Marc Rona discussing all things M&A and the journey of getting acquired by Hawke, next Tuesday. If you're looking to be acquired, interested in the process, or just want to network while enjoying complimentary drinks c/o Happiest Ours , delicious tacos, and customized pancake art 🥞🎨, hit the RSVP button with the link in the comments below. Have a question? DM us or drop a comment below! 🧩 #mergersandacquisitions #happyhour #networking