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

Send us a text 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 Additional Resources Consulting prep programs : Black Belt (8+ hours of structured interview coaching, optional resume edit); SuperPrep (20+ hours of end-to-end strategy + coaching, optional resume edit) Free consulting application deadlines tracker Download a step-by-step Case Prep Plan (free) Listen to the Market Outsiders podcast, the new daily show with the Management Consulted team Connect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube ! Follow us on LinkedIn , Instagram , and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us ( team@managementconsulted.com ) with questions or feedback.