M&A
confidence high
sentiment positive
materiality 0.60
Yuengling's Ice Cream signs binding LOI to acquire Revolution Desserts
Frequency Holdings, Inc
- Revolution owns Gelato Fiasco, Sweet Scoops, Art Cream, and SoCo Creamery brands.
- Expected close by end of March 2022; founders Robert Carlson and Charles Green to remain post-close.
- Charles Green brings 40+ years ice cream/CPG experience, led Ben & Jerry's expansion.
- Robert Carlson helped relaunch Yuengling's Ice Cream in 2014 and has 30+ years frozen desserts experience.
- No deal value disclosed; acquisition adds established brands and experienced leadership.