date:May 13, 2013
Organic salad producer Earthbound Farm, San Juan Bautistsa, Calif., is exploring a sale of the company, according to sources. Investors include private equity firm Kainos Capital, and Barclays has been hired to sell the company in a deal that could be worth $600-700 million, according to several sources.
The sale process is in the early stages, the sources said. The company has roughly $75 million in annual earnings before interest, taxes, depreciation and amortization (EBITDA), the sources say