Alantra Advises MidOcean Partners and QualiTech on the Acquisition of Ellison Bakery

Sep 2024

Buy-side advisory

New York – Alantra is pleased to announce that Michael Poerschke, recently appointed as a Partner at the firm, served as financial advisor to MidOcean Partners and its portfolio company, QualiTech, in their successful acquisition of Ellison Bakery. Ellison Bakery is a leading manufacturer of better-for-you baked inclusions, crunches, bits, cookie components, and bars that are used in a variety of applications including active nutrition, frozen novelty, ice cream, yogurt, and beverage, amongst others.

The acquisition strengthens QualiTech’s existing food and beverage inclusion capabilities creating a leading sensory ingredients platform of scale in a large and growing industry. This newly combined entity will deliver a comprehensive suite of innovative ingredient solutions to a wide range of blue-chip food & beverage customers.

Michael Poerschke provided strategic guidance, industry insights, due diligence and valuation considerations, ensuring a swift and successful transaction.

This acquisition marks an important milestone for MidOcean Partners and QualiTech, further expanding their market presence and capabilities within the food & beverage ingredients industry. In the last 12 months, Alantra’s global consumer team has completed 18 transactions worth over $2.2bn across the U.S., France, Germany, UK, Spain, Italy, and the Nordics.