Harris Williams Advises Western Smokehouse Partners on its Sale to AUA Private Equity Partners, LLC
March 28 2023 - 10:20AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces it advised Western Smokehouse
Partners, a portfolio company of Monogram Capital Partners
(Monogram), on its sale to AUA Private Equity Partners, LLC (AUA
Private Equity). Western Smokehouse Partners is a leading
manufacturer of premium, crafted meat snacks. The transaction was
led by Ryan Freeman, Brant Wilczek and Hilary King of the Harris
Williams Consumer Group.
“Better-for-you snacking continues to be a sector that garners
investor attention. Western Smokehouse Partners, alongside its
partner brands, played a critical role in the proliferation of
crafted meat snacks and is well-positioned to continue driving and
supporting growth in the category. We are excited to watch the
company’s continued success under AUA Private Equity’s ownership,”
said Ryan Freeman, a managing director at Harris Williams.
Brant Wilczek, a director at Harris Williams, added, “The
Western Smokehouse Partners team has done a tremendous job
expanding the meat snack category. The company’s highly
differentiated manufacturing capabilities and demonstrated
commitment to investing in growth positions it as the go-to partner
to the fastest growing brands in the sector.”
“We were thrilled to work with Ryan, Brant, Hilary and team on
this transaction,” said Jared Stein, co-founder of Monogram and
chairman of Western Smokehouse Partners’ board. “As deeply trusted
advisors, the Harris Williams team truly understood this space and
the differentiation of Western Smokehouse Partners’ business, and
provided excellent strategic advice throughout the process to
ensure that our management team found the best possible partner for
the company’s next stage of growth.”
Western Smokehouse Partners is the preferred manufacturing
solution for the top brands and retailers in premium, crafted
protein snacks. The company provides co-manufactured, private
label, and branded meat snacks. It operates four facilities
throughout the Midwestern United States.
Headquartered in Los Angeles and founded in 2014, Monogram has
approximately $750 million of equity capital under management and
focuses exclusively on investing in leading consumer and retail
brands and service providers. The firm seeks to partner with
founders and strong management teams, often working with family
held businesses as they look to accelerate their growth or
effectuate a transition, and typically invests $20 million to $50
million of equity per transaction.
AUA Private Equity is a West Palm Beach, Florida-based,
operationally focused, lower-middle market investment firm
providing strategic capital to companies in the consumer products
and services sectors with a particular focus on family-owned
businesses. AUA Private Equity typically makes equity investments
of $20 million to $75 million in companies that generate in excess
of $5 million in EBITDA.
Harris Williams is a global investment bank specializing in
M&A advisory services. Clients worldwide rely on us to help
unlock value in their business and turn ambitious goals into
reality. We approach every engagement with boundless collaboration,
pooling expertise and relationships across industries and
geographies to uncover the unique story of each company. For over
30 years, our clients have trusted us to think strategically,
execute precisely, and deliver premium outcomes through
M&A.
From essential home services, to brands that help consumers
identify with a lifestyle, to healthier eating trends, the consumer
industry provides a wide range of vibrant sectors to create
long-term value. Led by dedicated professionals, the Harris
Williams Consumer Group partners with global investors and company
leaders. Our clients rely on us to understand their strategic
options in the market. We have deep industry knowledge across
multiple sectors such as consumer products, consumer services, food
and beverage, and consumer multi-site.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
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Julia Moore media@harriswilliams.com
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