Private investment firm acquires meat snacks maker

NEW YORK — Bansk Group, a consumer-focused private investment firm dedicated to building distinctive consumer brands, has acquired premium meat snacks company No Man’s Land Foods LLC. The terms of the transaction were not disclosed.

Based in Enid, Okla., No Man’s Land makes beef jerky and meat sticks for the convenience channel. Founded in 1997, the company credits much of its success to its in-house dehydration process, which creates a tougher texture and distinct flavor profile.

“Consumers today are increasingly seeking high-quality, high-protein snack options, and we believe there is a meaningful opportunity for No Man’s Land to expand into new distribution channels and geographic markets and bring its beloved products to more consumers across the country,” said Brian O’Connor, senior partner and chief investment officer at Bansk.

No Man’s Land will continue to be led by Pete Dillingham as chief executive officer, Clint Beagley as president and the existing leadership team.

“Bansk’s expertise in building consumer businesses is unmatched, and we could not be happier to have them as our partners,” Dillingham said. “Our team looks forward to working closely with the Bansk team and utilizing their extensive operational and brand building experience to accelerate No Man’s Land’s next phase of growth.”

With the acquisition of No Man’s Land, Bansk marks its second investment in the food and beverage sector. The firm’s first investment was Red’s All Natural, a clean label frozen burritos and breakfast sandwiches brand, in January 2023.