TOWERBROOK takes majority stake in AMYLU FOODS
Context
Acquisition. TowerBrook Capital Partners, together with Prelude Growth Partners, acquired Amylu Foods, the Chicago-based protein manufacturer, from its founding family. The transaction was announced on August 7, 2025. TowerBrook and Prelude Growth Partners took control of the company, with the partnership intended to allow Amylu to scale operations, expand across channels and serve a growing consumer base nationwide. Amylu had remained family-owned until the transaction, with Amylu Kurzawski having rebranded the company under its current name in 1992. Steven Zoll, chief executive officer of Amylu, was to continue leading the company, and Michael Recht, a managing director of TowerBrook, was to work with the Amylu team. Debt to support the transaction was provided by MidCap Financial and Benefit Street Partners, acting as joint lead arrangers and bookrunners, together with Eldridge Industries, Sumitomo Mitsui Banking, Willow Tree Credit Partners and Stifel. Sidley Austin acted as legal counsel to TowerBrook, while J.P. Morgan served as financial advisor and Winston & Strawn as legal counsel to Amylu.
AMYLU FOODS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).
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Target
Upstream in the value-added protein chain, Amylu Foods manufactures fully cooked chicken products from its Chicago, Illinois headquarters. Founded in 1924 as a family sausage business, the company was rebranded under its current name in 1992 by Amylu Kurzawski, a third-generation sausage maker who combined traditional recipes with health-conscious ingredients to pioneer the chicken sausage category. The range covers branded and private-label chicken sausages, meatballs and burgers, formulated to be free from antibiotics, nitrates and nitrites. Production is carried out in-house at the company's dedicated manufacturing facilities. Amylu sells through national grocery retailers, including Whole Foods, Walmart, Jewel-Osco, Mariano's, Meijer and Wegmans, through club stores such as Sam's Club, Costco Wholesale and BJ's Wholesale Club, and through foodservice channels, serving individual consumers, families and institutional buyers.
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REFERENCES
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: amylu foods
Acquirer: towerbrook