52 Capital Partners, LLC Advises PLUS™ in Connection With Its Acquisition of GOOD™

52 Capital Partners, LLC | December 3, 2018

52 Capital Partners, LLC Advises Leading Branded Food Products Company in Connection with All-Stock Acquisition of California-Based Food Manufacturer

December 3, 2018 – San Mateo, California – On December 3, 2018, PLUS™ announced it has signed a definitive asset purchase agreement to acquire GOOD™ in an all-stock transaction. Headquartered in California, PLUS™ is a leading manufacturer of branded food products. GOOD™ is a leading California-based food manufacturer. According to the terms of the definitive agreement, 90% of the deal consideration is structured as an earn-out tied to the achievement of certain post-closing milestones based on the operating performance of GOOD™. In addition, PLUS™ will assume the terms of an existing lease arrangement for manufacturing and office facilities in Sacramento, California. 52 Capital Partners, LLC served as the exclusive strategic and financial advisor to PLUS™ in connection with the transaction.

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About 52 Capital Partners, LLC

52 Capital Partners, LLC is an independent advisory firm that provides general strategic and business advice to the senior management teams, Founders and Boards of Directors of corporations, investment firms, family-owned enterprises and entrepreneurial ventures faced with transformational or complex transactions in North America and the Asia-Pacific.