BDT Capital Invests, Advises in $1 Billion Acquisition of Peet’s Coffee

Munger, Tolles & Olson represented BDT Capital Partners as minority investor and financial advisor in the acquisition of Peet’s Coffee & Tea. BDT and majority investor Joh. A. Benckisers (JAB) will acquire Peet’s for $73.50 per share in cash, or a total of approximately $1 billion. The deal was announced July 23.

The Munger Tolles lawyers working on the transaction include Mary Ann Todd, Brett J. Rodda and David B. Goldman.

BDT Capital is a Chicago-based merchant bank that provides closely held companies with long-term capital and solutions-based advice.

Peet’s Coffee & Tea is a premier specialty coffee and tea company in the United States. JAB is a privately held group focused on long-term investments in premium brands in the broader consumer goods category.

Ms. Todd is a corporate partner in the firm’s Los Angeles office. Her practice focuses on mergers and acquisitions, joint ventures and strategic alliances.

Mr. Rodda is also based in Los Angeles. His practice touches on a wide variety of corporate transactions and securities matters, with an emphasis on public company corporate governance and M&A.

Mr. Goldman is a tax partner in the Los Angeles office of Munger Tolles. His practice involves a wide variety of transactional and advisory work in the partnership and corporate tax area.