Tech Company M&A Transactions
Home Chef Acquisition
Headquartered in Chicago, Home Chef was bought by Kroger. Kroger said the transaction price was $700 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/24/2018
Transaction Type
M&A
Amount
$700,000,000
M&A Terms
The initial price is $200 million and could go up to $700 million over the next five years in exchange for Home Chef meeting certain milestones, including "significant" growth of in-store and online meal kit sales, the companies said.
Company Information
Company Status
Acquired or Merged
Industry
Consumer
Mailing Address
225 W. Ohio St. 300
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Undisclosed
Website
Email Address
Overview
Home Chef was founded with a simple goal: to provide our customers with a delightful home cooking experience. Our founder, Pat Vihtelic, and his wife found it hard to make time to prepare home cooked dinners after work.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pat Vihtelic
Chief Operating Officer
Nathan Baldwin
Chief Technical Officer
Matt Pulley
VP - Finance
Pat Sullivan
VP - General Counsel
Shane Mulrooney
VP - Human Resources
Lisa Bomrad
VP - Product Management
Erik Jensen
VP - Sales
Richard DeNardis
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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