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Deal Detail

Utz Brands, Inc. to Intersnack Group GmbH & Co. KG

Packaged Foods/Jul 2026
EV / LTM EBITDA
13.2x
EV / LTM Sales
-
Enterprise Value
$2.9B
Primary Source
Citi

All Observations

Source-specific multiples and notes for this transaction.

Primary?Source TypeFairness Opinion / SourceAdvisorSource YearEnterprise ValueEV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionUTZ FOCiti2026$2.9B-13.2x12.5xFirm value $2,885mm at $14.25/share = equity value $2,097mm (147.2mm fully diluted shares, Class V units treated as equivalent to Class A) plus $862mm debt less $74mm cash, both as of March 29, 2026. FV/LTM EBITDA on $219mm LTM Adj. EBITDA (March 29, 2026); FV/2026E on $232mm 2026AOP Adj. EBITDA per the Utz LRP. EBITDA is not burdened by share-based compensation. Per p.6 of Citi's July 19, 2026 Special Committee discussion materials (Exhibit 16(c)(xxv) to the SC 13E3, accession 0001193125-26-362085). No FV/Sales multiple was disclosed.Open