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11/2025100%

Treehouse Foods acquired by INVESTCorporate

CANADA Food Processing / Food Products EV $1–10bn

Context

Investindustrial has entered into a definitive agreement to acquire TreeHouse Foods. This take-private deal removes the largest private-label manufacturer from the stock exchange, providing shareholders with a substantial premium. TreeHouse will continue to operate independently but will benefit from Investindustrial's operational expertise and long-term capital to accelerate its leadership in the private brand snacking and beverage categories.

Treehouse Foods, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, standing directly in line with the average observed in the AgriFood sector (12.0x in 2025).

-> Deep-dive in AgriFood market trends

Target

TreeHouse Foods is a leading manufacturer and distributor of private label food and beverages in North America. The company focuses on high-growth snacking and beverage categories, producing crackers, cookies, pretzels, in-store bakery items, coffee, tea, and powdered drinks for retail and foodservice customers. Prior to this deal, the company had pivoted its strategy to divest lower-margin meal preparation businesses and focus on becoming a "focused snacking and beverage leader".

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2025
$1–10bn
$250–500M
[members only]
2024
$1–10bn
$250–500M
[members only]

Other operations with INVESTCorporate

Other operations with INVESTCorporate
DateAcquirerTargetCountrySector
10/2026INVESTCORPORATECONNECTIFSPAINMarTech
09/2025INVESTCORPORATEDCC HEALTHCAREUNITED KINGDOMCDMO

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REFERENCES

Valuation range: EV $1–10bn

Revenue range: $1–10bn

EBITDA range: $250–500M

EV/Revenue range: below 1.5x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Treehouse Foods by INVESTCorporate 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.

Acquirer: investcorporate

FAQ

What transaction does this page cover?

This page covers INVESTCorporate’s acquisition of 100% of Treehouse Foods, a Canadian company specialised in Food Products, in 2025.

How was the acquisition of Treehouse Foods by INVESTCorporate valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the below 1.5x range. Exact figures are available to members.

What were Treehouse Foods’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Treehouse Foods generated annual revenue estimated in the $1–10bn range and EBITDA in the $250–500M bracket (FY 2025). Detailed financial figures are available to members.

How does the valuation of Treehouse Foods compare to benchmarks in the AgriFood sector?

With an estimated multiple range of 5x - 12x, the transaction stands directly in line with historical averages for the AgriFood sector (12.0x in 2025).

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.