S18E23: Intro to Casing (8 of 10): Bain M&A Case – Sam’s Peanuts Buy Almond Co?
- Author
- Management Consulted
- Published
- Mon 23 Jun 2025
- Episode Link
- None
In the eighth episode of our 10-part Intro to Casing series, we explore a Bain-style mergers & acquisitions (M&A) case focused on Sam’s Peanuts, a market leader in snacking peanuts.
With slow growth in their core segment, Sam’s is eyeing an acquisition of Almond Co. to diversify into faster-growing markets.
Follow along as Ed assesses market sizing, break-even timelines, and operational synergies to determine whether this $2B investment is a smart move or a strategic misstep.
Key Takeaways:
- How to structure and lead an M&A case in the Bain interview style
- Approaches for calculating market size and investment payback period
- How to assess strategic fit, operational synergies, and risk factors
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