M&A
confidence high
sentiment neutral
materiality 0.50
Nightfood signs non-binding LOI to acquire CarryOutSupplies.com in all-stock deal
NightFood Holdings, Inc.
- Acquires SWC Group Inc. (d/b/a CarryOutSupplies.com), a wholesaler of custom takeout packaging for foodservice.
- CarryOut recorded revenue >$2M in 2023; served over 7,000 wholesale accounts since 2004.
- Deal through Nightfood subsidiary Future Hospitality Ventures; all-stock consideration; non-binding LOI.
- CarryOut offers traditional, biodegradable, and compostable packaging to small/medium foodservice operators.
- Nightfood CEO cites synergies with existing subsidiaries and plans to restore CarryOut to pre-COVID scale.