Jamieson is pleased to announce that it has advised the management team of Sovos Brands on their public listing on the NASDAQ exchange under the ticker symbol SOVO. The previous majority owner, Advent International, will retain a majority stake after the offering.
Sovos Brands, headquartered in Louisville, Colorado, is the fastest growing food company of scale in the United States. As a high growth, purposefully-built food platform and growth accelerator with a portfolio of “one-of-a-kind” brands, all four of the brands – Rao’s, Michael Angelo’s, noosa and Birch Benders – are built with authenticity and high-quality ingredients at their core. Its portfolio includes Rao’s, a premium line of pasta sauces, pizza sauces, dry pastas, frozen entrees and soups; noosa, a premium yoghurt made with whole milk and wildflower honey; Birch Benders, a line of better-for-you pancake and waffle mixes; and Michael Angelo’s, a line of premium frozen Italian entrées. In Latin, sovos translates to “one of a kind” and Sovos Brands leads with a one-of-a-kind approach when it comes to its brands, business and people, offering food experiences that are genuine, delicious and unforgettable.
Michael Sirkin, Jonny Jones and Ian Rosamilia advised Todd Lachman (CEO) and his management team on the conversion of their equity into the new public structure and on terms of the new go-forward incentive plans.
Jamieson Corporate Finance US, LLC is a member of FINRA/SIPC