LesserEvil acquired by The Hershey Company
The Hershey Company acquired LesserEvil, an US better for you snacks brand on Apr 3, 2025. The transaction value is shown as USD 815m. The current comp implies EV / revenue of 4.94x. Public sources confirm the deal; valuation inputs may include estimates where transaction materials do not disclose the full economics.
Transaction summary
- Target
- LesserEvil
- Acquirer
- The Hershey Company
- Seller
- -
- Announced
- 2025-04-03
- Geography
- United States
- Tags
- Better For You SnacksConsumerFood & BeverageSnacks
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-08-11
- Latest update
- 2026-08-11
Value and multiples
Price / value
USD 815M
Total Consideration | USD
Basis: Public source
EV / revenue
4.94x
Period: FY2024 2024
Basis: Estimated
EV / EBITDA
-
EBITDA basis not stated
Basis: Estimated
Basis
- USD 815m total consideration is treated as publicly disclosed or derived directly from public source data.
- Implied EV / revenue is 4.94x, calculated from USD 815m value and USD 165m revenue.
- Revenue and multiple inputs are not fully disclosed in public transaction materials reviewed; treat the multiple as an estimate.
- Metric period: FY2024 2024.
Source summary
The Hershey Company Announces Intent to Acquire LesserEvil
ConfirmedThe Hershey Company Announces Intent to Acquire LesserEvil
Open sourceThe Hershey Company 2025 Form 10-K
Confirmedcompleted the acquisition of LesserEvil, LLC on November 18, 2025 for consideration of $815.2 million.
Open sourceHershey completed the acquisition of LesserEvil
ConfirmedLesserEvil generated a $165 million of revenue in 2024.
Open source