M&A · Industrials · Food and Kindred Products
Post Holdings, Inc. to acquire Bellring Brands, Inc.
Announced Oct 27, 2021 · Closed Mar 10, 2022
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Post Holdings, Inc. (POST)
- Target
- Bellring Brands, Inc. (BRBR)
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Mar 10, 2022
Deal protections
Not yet read from the merger agreement.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Sector context · Industrials
- Comparable deals
- 42 in the prior 24 months
- Premium
- Sector median 37.4%
- EV / Adj. EBITDA
- Sector median 12.1x
- Break fee
- Sector median 2.8%
Timeline
- AnnouncedOct 27, 2021
- Proxy filedFeb 3, 2022
- Definitive proxyFeb 3, 2022
- Shareholder voteMar 8, 2022
- ClosedMar 10, 2022