# Series R of UM Partners, LLC — merger [pending]
Source: SEC API (secapi.ai) · situation sit_190c2bcadca42ee8ae9e · retrieved 2026-08-11T15:50:48.875Z

## Overview
Utz Brands, Inc. is a miscellaneous food preparations and kindred products company engaged in the manufacture and sale of snack foods.

On July 20, 2026, Utz Brands, Inc. entered into an Agreement and Plan of Merger with Idaho USA, Inc. (Acquiror), Idaho Merger Sub, Inc. (Merger Sub, a wholly-owned subsidiary of Acquiror), and Intersnack Group GmbH & Co. KG (Parent). Under the Merger Agreement, Merger Sub will merge with and into Utz Brands, with Utz Brands continuing as the surviving corporation and becoming an indirect wholly-owned subsidiary of Parent. At the effective time of the Merger, each share of Class A Common Stock will be automatically converted into the right to receive $14.25 per share in cash, without interest and net of applicable withholding taxes. All shares of Class V Common Stock held by Series U and Series R will be automatically canceled for no consideration. The transaction is subject to customary closing conditions, including affirmative votes by holders of a majority of issued and outstanding shares of Common Stock and a majority of votes cast by disinterested stockholders, as well as regulatory approvals under antitrust laws.

## Terms
- Counterparty: Intersnack Group GmbH & Co. KG · Consideration: cash · Price/share: $14.25

## Key dates
- Announced 2026-07-22

## Timeline
- 2026-07-22 · SCHEDULE 13D/A (0001104659-26-085854): SCHEDULE 13D/A - Series R of UM Partners, LLC — *Utz Brands, Inc. is a miscellaneous food preparations and kindred products company engaged in the manufacture and sale of snack foods.* On July 20, 2026, Utz Brands, Inc. entered into an Agreement and Plan of Merger with Idaho USA, Inc. (Acquiror), Idaho Merger Sub, Inc. (Merger Sub, a wholly-owned subsidiary of Acquiror), and Intersnack Group GmbH & Co. KG (Parent). Under the Merger Agreement, Merger Sub will merge with and into Utz Brands, with Utz Brands continuing as the surviving corporation and becoming an indirect wholly-owned subsidiary of Parent. At the effective time of the Merger, each share of Class A Common Stock will be automatically converted into the right to receive $14.25 per share in cash, without interest and net of applicable withholding taxes. All shares of Class V Common Stock held by Series U and Series R will be automatically canceled for no consideration. The transaction is subject to customary closing conditions, including affirmative votes by holders of a majority of issued and outstanding shares of Common Stock and a majority of votes cast by disinterested stockholders, as well as regulatory approvals under antitrust laws.
  https://www.sec.gov/Archives/edgar/data/1821472/0001104659-26-085854.txt

## Citations
- 0001104659-26-085854 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926085854