Sweet Oak completes acquisition of Whole Earth Brands, Inc. for $862 million financing led by Silver Point
Aug 12, 2024•over 1 year ago
Acquiring Company
Sweet Oak
Acquired Company
Whole Earth Brands
Connecticut
TorontoFood ProcessingFood and BeverageAgriculture and FarmingDescription
Sweet Oak, with the support of Mariposa and Rhône Capital VI L.P., has completed the acquisition of Whole Earth Brands, Inc. The $862 million financing, led by Silver Point, will enable the combined company to continue offering premium plant-based sweeteners and flavor enhancers to enable healthier lifestyles.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed