Lease Assignments Counsel for Food & Beverage Acquisitions
Independent sponsor counsel for food and beverage, focused on Lease Assignments and the deal mechanics that protect sponsor economics and LP alignment.
Lease Assignments on food and beverage deals is one of those workstreams that looks routine on a checklist and decides outcomes in practice.
The typical food and beverage platform sits at $10M to $120M EV with EBITDA in the $2M to $20M range. The thesis runs on CPG roll-up or co-packing platform with regional bolt-ons. Treat trade spend like a working capital item, not a marketing line. The valuation moves accordingly.
How Lease Assignments actually gets structured.
Pull every lease, estoppel, and SNDA in the data room.
Identify landlord consent requirements and prepare consent packages.
Address landlord recapture rights that can be triggered at change of control.
Sequence consent collection to avoid a last-minute single-landlord veto.
In food and beverage, layer in co-pack capacity agreement re-papered as part of the Lease Assignments workstream.
Waiting until two weeks before close to request landlord consents. Landlords use the timeline against the buyer.
"Lease consents are the deal-killer that never makes the highlight reel. Start early, finish early."Jason Powell · Lease Assignments
The deal is one thing. The capital that opens up after close is another.
After close, the call list for refinancing, recapitalization, and growth equity gets short and known. Jason carries that list.
Related deal pages.
Independent Sponsor Economics for Food & Beverage
The package of deal-by-deal carry, management fees, and transaction fees that compensates the independent spo…
Management Fee Structuring for Food & Beverage
The annual fee paid by the deal entity to the independent sponsor for ongoing oversight, board service, and p…
Transaction Fee Structuring for Food & Beverage
The fee paid at closing to the independent sponsor for sourcing, structuring, and closing the platform deal a…
Working Capital Adjustments for Food & Beverage
The closing-date true-up that protects the buyer from receiving a business stripped of normal-course working …
Lease Assignments for Healthcare Services
roll-up of physician practices and ancillary service lines
Lease Assignments for Home Services
regional roll-ups of HVAC, plumbing, and electrical operators
Bring the food and beverage deal. Get Lease Assignments done right.
Direct counsel from a securities and M&A attorney with billions in structured transactions, the independent-sponsor-native playbook, and the capital markets network that opens up post-close.