Houlihan Lokey Advises C.H. Guenther & Son

Houlihan Lokey's Consumer, Food & Retail Group is pleased to announce that C.H. Guenther & Son, Inc. (C.H. Guenther) has been acquired by PPC Partners in partnership with management. The transaction closed on March 30, 2018.

This deal represents another successful transaction for Houlihan Lokey in the food & beverage industry.

Headquartered in San Antonio, Texas, C.H. Guenther was founded in 1851 by German immigrant Carl Hilmar Guenther and has been continuously owned by Guenther family members since its founding. C.H. Guenther is a leader in the manufacturing and marketing of a wide variety of grain-based and seasoning products, including artisan breads, buns, rolls, biscuits, gravy mixes, frozen appetizers, spices, and desserts. The company is a valued supplier to customers in the foodservice, quick-serve restaurant, club, and retail channels around the globe. C.H. Guenther employs more than 2,500 people in 19 Safe Quality Food (SQF) Level 3 food manufacturing locations in the U.S., Canada, and Western Europe.

PPC Partners acquires and operates North America-based, middle-market companies with leading positions in the manufactured products, services, and healthcare sectors. Led by Tony Pritzker and the former investment and operating professionals of Pritzker Group Private Capital, the firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. PPC Partners builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies.