Sugar Beets Acquired by Kline Hill Partners | Manufacturing M&A Deal

Kline Hill Partners has completed the acquisition of Sugar Beets, a food beverage manufacturing business in the United States, for $78.8 million. Kline Hill Partners acquires Sugar Beets to support a recapitalisation acquisition of a manufacturing M&A platform tied to sugar beet processing and production. Sugar Beets acquisition activity fits Kline Hill Partners acquisitions focused on stable cash-flow food beverage manufacturing acquisition opportunities. The private equity acquisition closed as a single-asset continuation vehicle, with recapitalisation acquisition terms totaling about $78.8 million, and the deal is categorized as a manufacturing M&A recapitalisation acquisition.