Mergers & Acquisitions

Western Smokehouse Partners Acquired by Monogram Capital Partners

6698 Western Smokehouse Partners NT

M&A Engagement Overview

Industry Group: Consumer
Areas of Focus: Food and Beverage, Snacks


Harris Williams advised Western Smokehouse Partners, a portfolio company of AUA Private Equity Partners, on their sale to Monogram Capital Partners. Western Smokehouse Partners is a leading manufacturer of better-for-you protein snacks. With a proven and growth-oriented management team at the helm, the platform has a track record of investing to support significant capacity expansion driven by their category-disrupting branded and retail private label customers.

Premium, better-for-you protein snacks is the fastest growing subcategory across food and beverage. This growth is driven by consumer adoption of protein snacks as a delicious, nutritious, portable snack, and Western Smokehouse Partners’ commitment to quality, execution, and investment in capacity expansion has enabled the category to achieve its leading growth rates.

During AUA’s partnership, Western significantly expanded production capacity, opening a new facility and embarking on three expansion projects. The company also completed the acquisition of Golden Valley Natural, a manufacturer of premium jerky and meat sticks, to expand its natural meat snack production capabilities and diversify the company’s product offering in the space. Throughout the partnership, AUA worked closely with Western management to further professionalize the organization, invest in automation, and enhance its strategic capabilities, ultimately positioning the company as a market leader in the better-for-you protein snacking space.

This engagement reflects a successful partnership between Monogram Capital and AUA Private Equity Partners as Monogram has served as a trusted partner and minority investor during AUA’s ownership. Monogram Capital Partners’ deep knowledge of the space and continued commitment to the business makes them an ideal long-term partner for Western going forward.

Contact the Harris Williams Consumer Group to learn more about this client engagement.

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