At what enterprise value was PEACE DINING CORP acquired in 2016?

You can find the full valuation details of PEACE DINING CORP on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PEACE DINING CORP when it was acquired by HANA GROUP?

The exact EV/EBITDA multiple for PEACE DINING CORP is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was PEACE DINING CORP acquired by HANA GROUP?

PEACE DINING CORP was acquired by HANA GROUP in 2016.

What was the revenue of PEACE DINING CORP at the time of the deal?

The revenue of PEACE DINING CORP at the time of the deal is estimated to be in the range of 100M - 200M USD. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the PEACE DINING CORP 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 PEACE DINING CORP 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.snacking.fr/actualites/2894-Le-proprietaire-de-Sushi-Gourmet-rachete-les-americains-GENJI-Mai-et-Wok-Street-Kitchen/?news_id=2894

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Home Database AgriFoodPEACE DINING CORP

06/2016

PEACE DINING CORP acquired by HANA GROUP

UNITED STATES Food Processing / Food Products REV 100M - 200M USD

Context

Hana Group, backed by its institutional financial sponsor TA Associates, has completed the strategic cross-border acquisition of Peace Dining Corp from its founder, Josh Onishi. Peace Dining Corp operates as a pioneer in the North American and British grocery retail concession markets, managing an extensive network of roughly 200 Asian culinary kiosks across high-end grocery chains, notably Whole Foods Market, under the Genji, Mai, and Wok Street Kitchen brands, alongside a dedicated B2B catering division. Under the transaction terms, Josh Onishi will maintain continuity of localized operations, retaining his leadership role as Chief Information Officer (CIO) of Peace Dining Corp within the United States. The investment thesis centers on immediate operational scale-up, global market consolidation, and cost-efficient geographic expansion into highly mature international territories. By integrating Peace Dining Corp, Hana Group expands its consolidated footprint to 380 corporate-owned points of entry across seven countries—including France, the United Kingdom, Italy, Spain, Luxembourg, Belgium, and Portugal—while inheriting an established nationwide logistics platform in the United States. This infrastructure bypasses the need for multi-million euro greenfield logistics capital expenditures, immediately doubling the group's global revenue base and positioning the unified platform to leverage cross-border commercial synergies, accelerate its monthly opening cadence, and solidify its market leadership in the global grocery-retail food concession segment.

PEACE DINING CORP, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in AgriFood market trends

Target

Peace Dining Corp operates as a highly specialized outsourced food concession platform embedded within the premium grocery retail ecosystem in the United States and the United Kingdom. Positioned at the intersection of high-frequency retail footfall and convenient premium dining, the company monetizes non-traditional food service spaces under the Genji, Mai, and Wok Street Kitchen brands. Its fundamental operational mechanism relies on a shop-in-shop framework, predominantly situated within Whole Foods Market locations. By utilizing the existing real estate footprint and consumer traffic generated by tier-one grocery anchors, the business insulates itself from the customer acquisition costs and long-term lease liabilities typically associated with standard street-front restaurant concepts.

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Similar deals in AgriFood

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12/2015	IK PARTNERS	SALAD SIGNATURE	NETHERLANDS	Food Processing	IK Investment Partners has agreed to acquire Salad Signature from AAC Capital. The company generated revenue of EUR176 million in 2015. This Secondary LBO facilitates the exit of AAC Capital, which had built the group through the merger of Johma and Hamal
12/2015	CORPFIN CAPITAL	EURO GAMMA	ITALY	Food Processing	Corpfin Capital acquired a controlling 60% stake in Euro Gamma through a newly formed holding company. The transaction was structured to ensure continuity, with the historical shareholders and the management team reinvesting their proceeds to retain a substantial 40% minority stake in the new structure
10/2015	ARDIAN	SOLINA GROUP	FRANCE	Food Processing	Ardian has entered into exclusive negotiations to acquire a majority stake in Solina Group from IK Investment Partners. This transaction marks the fifth Leveraged Buyout (LBO) in the company's history, highlighting its consistent cash flow generation and attractiveness to financial sponsors
07/2015	GRUPO BIMBO	PANRICO	SPAIN	Food Processing	Grupo Bimbo reached a definitive agreement to acquire 100% of the shares of Panrico S.A.U. The transaction is structured as a partial acquisition: Bimbo acquires the high-margin sweet baked goods business but excludes the "branded packaged bread" category

REFERENCES

Revenue range: 100M - 200M USD

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: hana group