At what enterprise value was FUNKIN acquired in 2015?

During the acquisition of FUNKIN by A.G. BARR in 2015, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M GBP.

What was the EV/EBITDA of FUNKIN when it was acquired by A.G. BARR?

The estimated EV/EBITDA multiple for FUNKIN is in the range of 10x - 18x.

When was FUNKIN acquired by A.G. BARR?

FUNKIN was acquired by A.G. BARR in 2015.

What was the revenue of FUNKIN at the time of the deal?

The revenue of FUNKIN at the time of the deal is estimated to be in the range of 5M - 25M GBP.

What was the EBITDA of FUNKIN during the acquisition?

FUNKIN's EBITDA is estimated to be in the range of 0M - 5M GBP.

How is the data for the FUNKIN acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the FUNKIN deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.spaynelindsay.com/transactions/funkin-sold-to-ag-barr

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Home Database AgriFoodFUNKIN

02/2015

FUNKIN acquired by A.G. BARR

UNITED KINGDOM Food Processing / Beverages / Soft Drinks EV 10M - 30M GBP

Context

A.G. BARR has completed the acquisition of Funkin, the UK brand leader in the professional mixology market. The strategic rationale for the deal is the immediate integration of a fast-growing, high-margin brand (c. £9 million in sales) that provides A.G. BARR with a strategic "bridge" into the UK on-trade channel. By combining Funkin’s product innovation with A.G. BARR’s industrial and logistics scale, the group expects to accelerate the brand's international expansion and its penetration into the off-trade (retail) market. This acquisition allows the acquirer to capitalize on the structural growth of the cocktail market, where efficiency and consistency are becoming critical for high-volume hospitality operators. The deal highlights the trend of traditional beverage giants acquiring niche, high-growth "lifestyle" brands to rejuvenate their portfolios and tap into premium consumer experiences.

FUNKIN, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.5x).

-> Deep-dive in AgriFood market trends

Target

Funkin is the UK’s leading provider of 100% natural fruit purees, cocktail mixers, and syrups. The company specializes in "on-trade" cocktail solutions, enabling bars, pubs, clubs, and restaurants to serve high-quality, innovative cocktails with consistency and speed. Its business model addresses the operational friction of scratch-made cocktails by providing professional-grade ingredients that reduce prep time without compromising quality. With a dominant position in the UK hospitality sector and an expanding footprint in the US and Continental Europe, Funkin has become a "must-have" brand for the evolving mixology market. Strategically, the firm capitalizes on the global trend toward premiumization in spirits and the rising demand for sophisticated non-alcoholic and alcoholic beverages in professional settings.

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REFERENCES

Valuation range: EV 10M - 30M GBP

Revenue range: 5M - 25M GBP

EBITDA range: 0M - 5M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FUNKIN by A.G. BARR are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: funkin