Haynes and Boone Represents Birch Benders in Sale of Business

August, 2020 - Dallas, Texas

Haynes and Boone, LLP Denver Partner Dan Malone led a team representing Birch Benders LLC in the sale of its business to Sovos Brands for an undisclosed price.

The transaction is expected to close by the end of October. Sovos is a food company backed by global private equity firm Advent International.

Denver-based Birch Benders is a fast-growing producer of pancake and waffle Mixes and other consumer products.

Malone’s practice focuses on mergers and acquisitions, leveraged buyouts, and strategic investments involving the food and beverage, consumer products, and other industries. Prior to joining the firm, he was senior counsel at The WhiteWave Foods Company, where he sourced, evaluated and executed transactions in the food and beverage category.

In representing Birch Benders, Malone was assisted by a multi-practice Haynes and Boone team that included David Lightstone; Tom Tippetts and Rachael Apfel (M&A); Robert Ziemian (IP); Suzie Trigg and Joanna Pearce (Food Regulation); Scott Thompson (Benefits); Raquel Alvarenga (Labor); and Ken Bezozo; Sam Lichtman and Don Shiman (Tax).

Piper Sandler is serving as financial advisor to Birch Benders, and Weil, Gotshal & Manges is counsel for Sovos Brands.

Haynes and Boone’s M&A Practice Group has comprehensive experience handling middle-market deals, having helped clients close more than 500 transactions in the last five years, with an aggregate value exceeding $40 billion. The firm routinely represents private equity firms, closely held corporations, founders, large financial institutions and Fortune 500 public companies. The M&A team crafts strategic solutions that advance clients’ business objectives by anticipating and evaluating the roadblocks and opportunities that clients face on the way to closing a deal successfully.

Haynes and Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also was recognized across the board for excellence in the BTI Consulting Group’s 2020 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.