B&G Foods Pays $195M For Pirate's Booty Snack Brand

Law360, New York (June 10, 2013, 1:25 PM EDT) -- New Jersey-based B&G Foods Inc. has acquired Robert's American Gourmet Food LLC, owner of the popular Pirate's Booty snack brand, from venture capital VMG Partners and New York's Driven Capital Management LLC for $195 million, B&G said Monday.

The North American food company will take over the high-selling brands of Robert's American Gourmet, which does business as Pirate Brands. In addition to Pirate's Booty — a popcorn-like snack popular among teenagers and college students — Pirate Brands sells Smart Puffs and Original Tings. 

B&G will pay...
To view the full article, register now.