S18E23: Intro to Casing (8 of 10): Bain M&A Case – Sam’s Peanuts Buy Almond Co?

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In the eighth episode of our 10-part Intro to Casing series, we explore a Bain-style mergers & acquisitions (M&A) case focused on Sam’s Peanuts, a market leader in snacking peanuts.

With slow growth in their core segment, Sam’s is eyeing an acquisition of Almond Co. to diversify into faster-growing markets.
Follow along as Ed assesses market sizing, break-even timelines, and operational synergies to determine whether this $2B investment is a smart move or a strategic misstep.

Key Takeaways:

• How to structure and lead an M&A case in the Bain interview style
• Approaches for calculating market size and investment payback period
• How to assess strategic fit, operational synergies, and risk factors

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Chapters

1. S18E23: Intro to Casing (8 of 10): Bain M&A Case – Sam’s Peanuts Buy Almond Co? (00:00:00)

2. [Ad] Real Talk About Marketing (00:10:45)

3. (Cont.) S18E23: Intro to Casing (8 of 10): Bain M&A Case – Sam’s Peanuts Buy Almond Co? (00:11:34)