At what enterprise value was THE MADE GROUP acquired in 2021?

You can find the full valuation details of THE MADE GROUP 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 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of THE MADE GROUP when it was acquired by TPG?

The exact EV/EBITDA multiple for THE MADE GROUP is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was THE MADE GROUP acquired by TPG?

THE MADE GROUP was acquired by TPG in 2021.

What was the revenue of THE MADE GROUP at the time of the deal?

The revenue of THE MADE GROUP at the time of the deal is estimated to be in the range of 50M - 100M AUD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of THE MADE GROUP during the acquisition?

THE MADE GROUP's EBITDA is estimated to be in the range of 10M - 30M AUD. Join our community for free to access complete and exact deal data.

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 THE MADE GROUP 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 THE MADE GROUP 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.cliffordchance.com/news/news/2021/07/clifford-chance-advises-tpg-capital-on-acquisition-of-majority-s.html#

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Home Database AgriFoodTHE MADE GROUP

04/2021

TPG takes majority stake in THE MADE GROUP

AUSTRALIA Food Processing / Food Products / Dairy REV 50M - 100M AUD

Context

TPG Capital has acquired a majority stake in Made Group from its historical shareholders, including The Coca-Cola Company, Coca-Cola Amatil, as well as the company's founders and management team. This transaction marks a new chapter in the growth story of this Australian specialist in premium health and wellness beverages, while allowing the management team to retain a significant equity stake. The primary objective of this acquisition is to accelerate Made Group's international expansion, particularly in Asian markets, by leveraging TPG Capital's financial resources and expertise in the consumer goods sector. The investor also plans to support the company in pursuing an external growth strategy, with the aim of establishing a leading regional platform in functional beverages and wellness products. The transaction is underpinned by Made Group's strong fundamentals, including a portfolio of recognized brands such as Cocobella, Impressed, Rokeby Farms, and Nutrient Water.

THE MADE GROUP, which reported an EBITDA margin of LOGIN in 2021, 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 (10.7x).

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

Headquartered in Melbourne, Australia, MADE Group is a leading food and beverage company specializing in functional nutrition products. The company develops, manufactures, and markets a portfolio of brands that cater to the growing demand for digestive health, protein, and functional beverages, combining nutritional benefits with everyday consumption. Its portfolio includes ready-to-drink protein beverages, gut health-focused enriched yogurts, and coconut-based products, all marketed under several well-known brands in the Australian market. These categories target health-conscious consumers, athletes, and individuals seeking high-protein products. The group operates an integrated business model that combines product development, industrial capabilities, marketing, and distribution, enabling it to launch new products quickly while controlling its supply chain and go-to-market strategy. MADE Group distributes its products through major retailers, specialty channels, and multiple sales platforms across the Asia-Pacific region. With a historical presence in Australia, the company has expanded its footprint to New Zealand and Southeast Asia, where the demand for functional nutrition products is experiencing sustained growth.

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Other operations with THE MADE GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	DANONE	THE MADE GROUP	AUSTRALIA	Food Processing	Danone has signed a definitive agreement to acquire MADE Group, a leading Australian functional nutrition specialist, to bolster its presence in the high-growth health and wellness segments in the Asia-Pacific region

REFERENCES

Revenue range: 50M - 100M AUD

EBITDA range: 10M - 30M AUD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of THE MADE GROUP by TPG 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).

Target: the made group

Acquirer: tpg