We are delighted to have advised Bridges Fund Management on their sale of Wholebake to Elysian Capital LLP.
Based in North Wales, Wholebake is a leading contract manufacturer of functional snacking products, supporting weight management, sports nutrition, children’s snacking, healthy indulgence, vegan friendly, digestive health, and better-for-you brands alongside a portfolio of own brands.
It has a diverse customer base of innovative market-leading and fast-growing brands and national retailers.
Wholebake was awarded B Corp. status in recognition of meeting the highest verified standards of social and environmental performance, transparency, and accountability.
We were appointed following a competitive pitch process after demonstrating a strong understanding of the market dynamics and buyer universe as well as strong process execution skills.
We provided an integrated, one team approach encompassing teams from corporate finance advisory, food & beverage sector team specialists and tax advisory to achieve an optimal outcome result for the founder shareholders, Bridges and reinvesting management.
Sector insight and understanding our client objectives ensured focussed preparation, working closely due diligence providers to present a robust suite of vendor financial and commercial due diligence, articulating the growth story and post Covid recovery, enabling process flexibility and driving towards successful completion.
