No Man’s Land Foods
No Man’s Land is a fast-growing, premium meat snacks brand based in Oklahoma. Since its founding by the Smith family in 1997, the company has become one of the fastest growing meat snack brands in the convenience channel. No Man’s Land’s unique and authentic slow drying production process yields a highly distinct and deeply flavorful jerky that is valued by a loyal and passionate group of consumers across the country.
The Deal
No Man’s Land engaged Lincoln International, a leading global private capital investment banking advisory firm, as its exclusive financial advisor to find a partner to support the company with its next phase of growth. Lincoln crafted a tailored process, which resulted in No Man’s Land choosing to partner with Bansk Group, a firm with in-depth experience across the global CPG landscape, strong operational capabilities and a deep bench of resources to accelerate growth post-acquisition. No Man’s Land will leverage these industry resources, in addition to Bansk’s operational expertise and commercial knowledge to accelerate growth post-acquisition.
Pete Dillingham, Chief Executive Officer of No Man’s Land, said, “Lincoln served as a trusted advisor to the No Man’s Land team, providing thoughtful advice throughout the process. Their ability to effectively articulate No Man’s Land’s differentiation and multi-faceted growth, in conjunction with their extensive relationships with key buyers, were critical to a successful transaction.”
Our Perspective
Jeff Cleveland, Lincoln International Managing Director who led the transaction, commented, “No Man’s Land’s premium, authentic brand and category-leading financial performance attracted great interest from both strategic and financial acquirers. The company’s more than 20 years of uninterrupted growth are a testament to the brand’s differentiated position in the market and the company’s talented management team. We are honored to have played a role in bringing No Man’s Land together with Bansk and we look forward to following the company’s continued success.”
Bansk Group
Founded in 2019, Bansk is a New York-based private investment firm focused on investing in and building distinctive consumer brands. The firm partners with differentiated brands across four primary consumer categories: beauty and personal care, consumer health, food and beverage and household products.