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Paine Schwartz Food Chain Fund VI acquires high-growth brand, Promix LLC

Nov 26, 2024•about 1 year ago

Acquiring Company

Paine Schwartz Partners

Acquired Company

Promix

San MateoGainesvilleNutritionDietary SupplementsFood and BeverageHealth CareManufacturing

Description

Paine Schwartz Partners, a global leader in sustainable food chain investing, has successfully acquired Promix LLC. This strategic acquisition aligns with Paine Schwartz's Health and Wellness core investment theme, providing access to high-protein, convenient, easy-to-prepare, low sugar, and highly nutritious options for consumers that are more functional than traditional supplements and snack offerings.

Company Information

Company

Paine Schwartz Partners

Location

San Mateo, California, United States

About

A global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focused exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm's investment, operations and finance professionals invest throughout cycles across the food and agribusiness value chain, and bring a collaborative and active management approach to portfolio companies. For further information, please see www.paineschwartz.com.

M&A Insights

Based on deal data
Integration 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