Highlighted Transactions



Chicago Bar Company LLC

Piper Sandler served as exclusive financial advisor to Chicago Bar Company LLC, maker of RXBAR, on its $600 million sale to Kellogg Company.

Client Description

RXBAR is a disruptive clean-label snack brand that offers a growing line of high-quality, whole food protein bars. With a base of egg whites, fruits and nuts encased in iconic packaging, each RXBAR provides 12 grams of protein in 210–220 calories. They are available in 17 varieties and are distributed throughout the U.S. The company also recently launched RXBAR Kids, which contains the same core ingredients, but in kid-friendly flavors and portions.

Counterparty Description

Kellogg Company (NYSE: K) strives to make foods people love. This includes beloved brands such as – Kellogg's®, Keebler®, Special K®, Pringles®, Kellogg's Frosted Flakes®, Pop-Tarts®, Kellogg's Corn Flakes®, Rice Krispies®, Cheez-It®, Eggo®, Mini-Wheats® and more. With 2016 sales of $13 billion and more than 1,600 foods, Kellogg is the world's leading cereal company; second largest producer of crackers and savory snacks; and a leading North American frozen foods company.