Houlihan Lokey Advises Angie's Artisan Treats

Houlihan Lokey's Consumer, Food & Retail Group is pleased to announce that Angie's Artisan Treats, LLC (Angie's), a portfolio company of TPG Growth, has entered into a definitive agreement to be acquired by Conagra Brands, Inc. (Conagra).

This deal represents another successful transaction for Houlihan Lokey in the Food & Beverage industry.

Angie's is one of the fastest-growing companies in the better-for-you snacking segment, marketing ready-to-eat popcorn products under the Angie's BOOMCHICKAPOP brand. Husband and wife entrepreneurs Dan and Angie Bastian founded the snack company out of their garage in 2001 in Mankato, Minnesota, as a means of teaching their children the value of hard work and creating a college fund for them. They also wanted to create a snack they felt good about serving. Their gluten-free, whole grain popcorn was rebranded from Angie's to Angie's BOOMCHICKAPOP in 2012. The popcorn is sold in natural food, grocery, club, drug, and mass retail outlets nationwide with a product presence in the United States, Canada, South Korea, Peru, the Caribbean, and Mexico. Angie's BOOMCHICKAPOP is loved by fans as a positive, empowered brand that makes real food with simple ingredients and delivers a hugely flavorful taste experience.

TPG Growth is the middle-market growth equity investment platform of TPG, the global alternative asset firm. With more than $8.3 billion in assets under management, TPG Growth targets investments in a broad range of industries and geographies. TPG Growth has the deep sector knowledge, operational resources, and global experience to drive value creation and help companies reach their full potential. The firm is backed by the resources of TPG, which has more than $73 billion in assets under management. 

Conagra Brands, Inc. (NYSE:CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Marie Callender's®, Reddi-wip®, Hunt's®, Healthy Choice®, Slim Jim®, and Orville Redenbacher's®, as well as its emerging brands, including Alexia®, Blake's®, Frontera®, and Duke's®, offer choices for every occasion. 


You are about to leave
Houlihan Lokey's website

The link below leads to a website that is not
owned by Houlihan Lokey.

Continue to the external website,
close the window to remain on HL.com