Investcorp triples its money in three years with Tyrrells sale
Aug 11, 2016 - The Deal Pipeline
Private equity firm Investcorp SA made three times its money on its portfolio company of three years, Crisps Topco Ltd., selling the maker of Tyrrells potato chips quicker than expected.
Investcorp announced on Aug. 8 that it would sell Crisps Topco to Amplify Snack Brands Inc. (BETR) for £300 million ($392 million), including £278 million in cash and 2.1 million Amplify shares. The Bahrain-based firm previously acquired Crisps Topco for £100 million ($152 million as of the sale) from a...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
