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Shining a light on PE ownership.

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KI

Kind Snacks

food_consumer
PE-OWNED

Healthy snack bar company emphasizing whole ingredients.

PE-OWNED

Acquired by General Atlantic2017-11-01

View PE Firm Profile

What Made It Great

“

Healthy snacks made with ingredients you can see and pronounce.

What PE Will Likely Do

Predictions

Kind Snacks will likely see ingredient downgrades, replacing higher-quality whole food ingredients with cheaper, less nutritious alternatives

HIGH LIKELIHOODBased on: General Atlantic's track record of cost-cutting and operational efficiency tactics in their acquisitions

Kind Snacks may reduce package sizes of their snack bars while maintaining or even increasing prices (shrinkflation)

HIGH LIKELIHOODBased on: The industry playbook for PE firms in the food/consumer sector, which indicates a high frequency of ingredient downgrades, shrinkflation, supply chain changes, and formula changes

Kind Snacks could consolidate their manufacturing, leading to changes in supply chain and potential quality control issues

HIGH LIKELIHOODBased on: The lack of any recorded similar failures for Kind Snacks, suggesting the company may be vulnerable to these common PE strategies

Kind Snacks may alter their product recipes to reduce costs, potentially changing the taste, texture, and nutritional profile of their snack bars

HIGH LIKELIHOODBased on: The lack of any recorded similar failures for Kind Snacks, suggesting the company may be vulnerable to these common PE strategies

Expected Timeline

Phases
0-6 monthsCompleted

“0 to 6 months months”

Minimal visible changes as ownership transition takes place

6-12 monthsYOU ARE HERE

“6 to 12 months months”

Behind-the-scenes changes to suppliers and product formulas begin

12-24 months

“12 to 24 months months”

Consumers start noticing quality differences in Kind Snacks products, with complaints about taste, texture, and nutritional content increasing

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What You Can Do

Take Action

Actions

  • Closely monitor any changes in the ingredients, package sizes, and overall quality of Kind Snacks products

  • Be aware that the brand's reputation and commitment to healthy, whole food ingredients may be at risk under new PE ownership

  • Consider switching to alternative healthy snack options if the quality of Kind Snacks products declines significantly

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

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"Kind Snacks is now PE-owned. Here's what that means for you."