Simpatico

M&A bolt-on · Pepsi → target #2 of 10

Chobani

Accessible premium-quality Greek yogurt and dairy products emphasizing natural, high-protein nutrition for the mass market.

Founded 2005 · Parent: Chobani, LLC · Competes with Fage, Dannon, Siggi's, Yoplait

Corporate details are Qloo entity data.

Watch
64.0F / 100
90% of the weighted evidence measured

Why this verdict

F 64.0 is between 62 and 67, no red flags.

Scores, flags and verdicts are computed in code. The agents can only argue with the ledger; they never set the score.

Six audience metrics

Bar = this target; tick = shortlist average.

m1 Two-way audience affinity
0.79
Harmonic mean of the buyer audience’s affinity for the target and the target audience’s affinity for the buyer’s brands.
m2 Taste-profile overlap
0.28
Rank-weighted overlap of the two audiences’ top-50 cultural taste tags.
m3 Cross-domain agreement
0.82
How strongly the target’s audience embraces the buyer audience’s favourite artists, shows, films and podcasts.
m4 Demographic alignment
0.63
Similarity of the two audiences’ age and gender over-index profiles.
m5 Geographic footprint
0.67
Correlation of metro-level audience affinity, relative to the screened cohort.
m6 Momentum not measured
n/a
Trending rank change over the last 4 weeks vs the 8 before, relative to the cohort.
Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.

How F is built

Points each metric adds (weights for M&A bolt-on, renormalised over what Qloo could measure).

MetricWeightPoints
Two-way audience affinity0.3026.4
Taste-profile overlap0.206.1
Cross-domain agreement0.1513.6
Demographic alignment0.1510.5
Geographic footprint0.107.4
Momentumnot measured–
F64.0

Qloo explainability: the buyer-side signals driving the forward affinity are Quaker Oats Company (0.26), Pepsi (0.25), Gatorade (0.25), Doritos (0.24).

Shared catalogue categories (Qloo compare): Food & Beverage, Food.

Where the audiences meet, across culture

The buyer audience’s top titles in each domain, ranked by how strongly Chobani’s audience embraces them.

Music0.76
Embraced: Jesse & Joy, HA-ASH, Romeo Santos · Least shared: Anuel AA, Arcangel, Carlos Vives
TV0.88
Embraced: Blown Away, Old Enough!, Lego Masters Australia · Least shared: The Next Step, Saved by the Bell, Doogie Kamealoha, M.D.
Film0.81
Embraced: Aladdin, Ralph Breaks the Internet, Toy Story 4 · Least shared: Spider-Man: Homecoming, Thor: Ragnarok, Guardians of the Galaxy: Vol. 2
Podcasts0.82
Embraced: The Chalene Show | Diet, Fitness & Life Balance, Motivation with Brendon Burchard, Trust and Believe with Shaun T · Least shared: First Take, Talk Is Jericho, The Steve Austin Show

Taste profile overlap

22 of 78 top taste tags shared.

Both over-index on
female protagonistfamily relationshipsteenagerteenage girlfriendshiprockindiegay
Buyer only

Pulpo A La Brasa, Seared Diver Scallops, Mole, Hip Hop, male protagonist

Chobani only

Fries, Cafe, competition, Cookbooks, Cooking

Audience shape

Pepsi (buyer) Chobani
-0.86-0.430.00+0.43+0.86≤2425–2930–3435–4445–5455+MenWomen

Relative over-index (+) or under-index (−) of each aggregate audience, from Qloo. Not individual data.

Momentum

Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.

Footprint overlap for distribution

White space: Chobani strong, buyer weak Shared stronghold Other metros
White space

Providence, Boise, Honolulu, Milwaukee, San Francisco, Richmond

Shared strongholds

New York, Buffalo, Philadelphia

Bull vs bear

No debate on this run.

IC memo

Number check passed: 11 number(s), all in the evidence ledger.Written from the ledger template

Chobani: WATCH

M&A bolt-on screen for Pepsi. Ranked #2 of 10 on composite audience fit. Composite fit F 64.0. Rule: F 64.0 is between 62 and 67, no red flags.

MetricValueCoverage
Two-way audience affinity0.79full
Taste-profile overlap0.28full
Cross-domain agreement0.82full
Demographic alignment0.63full
Geographic footprint0.67full
Momentumn/anot measured

Shared taste. Both audiences over-index on: female protagonist, family relationships, teenager, teenage girl, friendship. Across culture. The buyer audience's favourites this audience embraces most. Music: Jesse & Joy, HA-ASH; TV: Blown Away, Old Enough!; Film: Aladdin, Ralph Breaks the Internet; Podcasts: The Chalene Show | Diet, Fitness & Life Balance, Motivation with Brendon Burchard. Footprint white space. Metros where the target's audience over-indexes and the buyer's doesn't: Providence, Boise, Honolulu, Milwaukee, San Francisco.

Red flags. None raised by the code rules.

Aggregate audience affinities from Qloo, not predictions about individuals. Not investment advice.

Provenance: 31 Qloo calls behind this target

Requests as sent (the API key travels in a header and is never logged). Responses are cached privately on the server.

PurposeEndpointStatusResultSource
/v2/insightsok29 of 29 candidates scoredcache
/v2/insightsok29 profile(s)cache
/v2/insightsok50 taste tag(s)cache
/v2/insightsok25 recommended tv_show(s)cache
/v2/insightsok25 recommended artist(s)cache
/v2/insightsok25 recommended podcast(s)cache
/v2/insightsok25 recommended movie(s)cache
/v2/insightsokdemographics for 14 of 14 entitiescache
/v2/insightsok7265 heatmap cell(s) in United Statescache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/insightsok4 of 4 candidates scoredcache
/v2/insightsok50 taste tag(s)cache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/analysis/compareok2 shared catalogue tag(s)cache
/v2/insightsok5090 heatmap cell(s) in United Statescache
Evidence rows (what bull, bear and the judge see)
[
 {
  "id": "t1-flags",
  "label": "Red flags (code rules)",
  "data": {
   "flags": []
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-m1",
  "label": "m1 Two-way audience affinity",
  "data": {
   "a": 0.8127547306367611,
   "b": 0.7721733828230177,
   "ratio": 0.9500693797476276,
   "value": 0.791944523453776,
   "reverse": [
    {
     "id": "099E174E-1FEC-4AD9-80F2-92C2E6CBD6ED",
     "name": "Quaker Oats Company",
     "affinity": 0.8136611498217808
    },
    {
     "id": "957B527A-CF2C-4283-A2FD-3F49741DF5DE",
     "name": "Pepsi",
     "affinity": 0.7712070027429851
    },
    {
     "id": "18316CE7-595D-4469-8FDF-43D1B70021E4",
     "name": "Gatorade",
     "affinity": 0.7676567760995058
    },
    {
     "id": "EA3901B0-A3A5-43F5-AC2A-45C35C400926",
     "name": "Doritos",
     "affinity": 0.7361686026277993
    }
   ],
   "coverage": 1
  },
  "shortlistAverages": {
   "a": 0.6954073847687763,
   "b": 0.6694354298272059,
   "ratio": 0.9634521435376324,
   "value": 0.6821611379345072
  }
 },
 {
  "id": "t1-m2",
  "label": "m2 Taste-profile overlap",
  "data": {
   "value": 0.27627627627627627,
   "shared": [
    {
     "id": "urn:tag:keyword:media:female_protagonist",
     "name": "female protagonist",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:keyword:media:family_relationships",
     "name": "family relationships",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:keyword:media:teenager",
     "name": "teenager",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:keyword:media:teenage_girl",
     "name": "teenage girl",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:keyword:media:friendship",
     "name": "friendship",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:genre:music:rock",
     "name": "rock",
     "subtype": "urn:tag:genre:music"
    },
    {
     "id": "urn:tag:genre:music:indie",
     "name": "indie",
     "subtype": "urn:tag:genre:music"
    },
    {
     "id": "urn:tag:keyword:media:gay",
     "name": "gay",
     "subtype": "urn:tag:keyword:media"
    }
   ],
   "coverage": 1,
   "buyerOnly": [
    {
     "id": "urn:tag:specialty_dish:place:pulpo_a_la_brasa",
     "name": "Pulpo A La Brasa",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:specialty_dish:place:seared_diver_scallops",
     "name": "Seared Diver Scallops",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:specialty_dish:place:mole",
     "name": "Mole",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:genre:music:hip_hop",
     "name": "Hip Hop",
     "subtype": "urn:tag:genre:music"
    },
    {
     "id": "urn:tag:keyword:media:male_protagonist",
     "name": "male protagonist",
     "subtype": "urn:tag:keyword:media"
    }
   ],
   "targetOnly": [
    {
     "id": "urn:tag:specialty_dish:place:fries",
     "name": "Fries",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:genre:place:restaurant:cafe",
     "name": "Cafe",
     "subtype": "urn:tag:genre:place"
    },
    {
     "id": "urn:tag:keyword:media:competition",
     "name": "competition",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:genre:media:cookbooks",
     "name": "Cookbooks",
     "subtype": "urn:tag:genre:media"
    },
    {
     "id": "urn:tag:genre:media:cooking",
     "name": "Cooking",
     "subtype": "urn:tag:genre:media"
    }
   ],
   "unionCount": 78,
   "sharedCount": 22,
   "buyerTop20MissingShare": 0.4
  },
  "shortlistAverages": {
   "value": 0.22491966033658706,
   "sharedCount": 20.11111111111111,
   "buyerTop20MissingShare": 0.41666666666666674
  }
 },
 {
  "id": "t1-m3",
  "label": "m3 Cross-domain agreement",
  "data": {
   "value": 0.8172483286372215,
   "domains": [
    {
     "type": "urn:entity:artist",
     "clash": [
      {
       "name": "Anuel AA",
       "affinity": 0.7096080544136882
      },
      {
       "name": "Arcangel",
       "affinity": 0.71427635234864
      },
      {
       "name": "Carlos Vives",
       "affinity": 0.7436256684350514
      }
     ],
     "label": "Music",
     "score": 0.7555259277281151,
     "shared": [
      {
       "name": "Jesse & Joy",
       "affinity": 0.7830109022160417
      },
      {
       "name": "HA-ASH",
       "affinity": 0.7746739328585461
      },
      {
       "name": "Romeo Santos",
       "affinity": 0.7724854545578222
      }
     ],
     "expected": 25,
     "returned": 25
    },
    {
     "type": "urn:entity:tv_show",
     "clash": [
      {
       "name": "The Next Step",
       "affinity": 0.8490570099044734
      },
      {
       "name": "Saved by the Bell",
       "affinity": 0.8500917023586279
      },
      {
       "name": "Doogie Kamealoha, M.D.",
       "affinity": 0.8521434311897689
      }
     ],
     "label": "TV",
     "score": 0.8815490308005691,
     "shared": [
      {
       "name": "Blown Away",
       "affinity": 0.9385956217361004
      },
      {
       "name": "Old Enough!",
       "affinity": 0.9277217843896841
      },
      {
       "name": "Lego Masters Australia",
       "affinity": 0.9086129205900731
      }
     ],
     "expected": 25,
     "returned": 25
    },
    {
     "type": "urn:entity:movie",
     "clash": [
      {
       "name": "Spider-Man: Homecoming",
       "affinity": 0.7717758641505379
      },
      {
       "name": "Thor: Ragnarok",
       "affinity": 0.7797727268618031
      },
      {
       "name": "Guardians of the Galaxy: Vol. 2",
       "affinity": 0.7810831931151513
      }
     ],
     "label": "Film",
     "score": 0.8083395659084935,
     "shared": [
      {
       "name": "Aladdin",
       "affinity": 0.8417366668975365
      },
      {
       "name": "Ralph Breaks the Internet",
       "affinity": 0.839667220806429
      },
      {
       "name": "Toy Story 4",
       "affinity": 0.8365923639071816
      }
     ],
     "expected": 25,
     "returned": 25
    },
    {
     "type": "urn:entity:podcast",
     "clash": [
      {
       "name": "First Take",
       "affinity": 0.7080550379086933
      },
      {
       "name": "Talk Is Jericho",
       "affinity": 0.7272607589275898
      },
      {
       "name": "The Steve Austin Show",
       "affinity": 0.7316933597612615
      }
     ],
     "label": "Podcasts",
     "score": 0.8235787901117085,
     "shared": [
      {
       "name": "The Chalene Show | Diet, Fitness & Life Balance",
       "affinity": 0.944206629033513
      },
      {
       "name": "Motivation with Brendon Burchard",
       "affinity": 0.9079531811713825
      },
      {
       "name": "Trust and Believe with Shaun T",
       "affinity": 0.9044793220531422
      }
     ],
     "expected": 25,
     "returned": 25
    }
   ],
   "coverage": 1
  },
  "shortlistAverages": {
   "value": 0.8142200656582131,
   "domains[0].score": 0.7712218159459897,
   "domains[1].score": 0.8930482681153483,
   "domains[2].score": 0.7853466318542113,
   "domains[3].score": 0.8072635467173033
  }
 },
 {
  "id": "t1-m4",
  "label": "m4 Demographic alignment",
  "data": {
   "buyer": {
    "male": 0.11749999999999998,
    "female": -0.11749999999999998,
    "25_to_29": 0.29000000000000004,
    "30_to_34": -0.0675,
    "35_to_44": -0.22000000000000003,
    "45_to_54": -0.475,
    "55_and_older": -0.3825,
    "24_and_younger": 0.19999999999999998
   },
   "value": 0.6273189797415046,
   "cosine": 0.2546379594830092,
   "target": {
    "male": -0.31,
    "female": 0.31,
    "25_to_29": 0.44,
    "30_to_34": -0.86,
    "35_to_44": 0.30000000000000004,
    "45_to_54": 0.02,
    "55_and_older": -0.65,
    "24_and_younger": -0.18
   },
   "coverage": 1,
   "biggestGap": {
    "buyer": -0.0675,
    "bucket": "30_to_34",
    "target": -0.86
   }
  },
  "shortlistAverages": {
   "value": 0.5395238058358314,
   "cosine": 0.07904761167166277
  }
 },
 {
  "id": "t1-m5",
  "label": "m5 Geographic footprint",
  "data": {
   "value": 0.6675085176099236,
   "coverage": 1,
   "metroCount": 55,
   "whiteSpace": [
    {
     "lat": 41.824,
     "lon": -71.4128,
     "buyer": 0.8018331419678973,
     "metro": "Providence",
     "target": 0.9549959693798065,
     "buyerRel": -0.09535393763690603,
     "targetRel": 0.05780888977500309
    },
    {
     "lat": 43.615,
     "lon": -116.2023,
     "buyer": 0.5548783018204364,
     "metro": "Boise",
     "target": 0.830588191934713,
     "buyerRel": -0.23160565198839222,
     "targetRel": 0.044104238125884376
    },
    {
     "lat": 21.3069,
     "lon": -157.8583,
     "buyer": 0.8072542987354452,
     "metro": "Honolulu",
     "target": 0.9435289852357129,
     "buyerRel": -0.09231768457422773,
     "targetRel": 0.04395700192604002
    },
    {
     "lat": 43.0389,
     "lon": -87.9065,
     "buyer": 0.7542971358083981,
     "metro": "Milwaukee",
     "target": 0.8969622189901589,
     "buyerRel": -0.10117633717059726,
     "targetRel": 0.04148874601116359
    },
    {
     "lat": 37.7749,
     "lon": -122.4194,
     "buyer": 0.7889464405773836,
     "metro": "San Francisco",
     "target": 0.9300259342759074,
     "buyerRel": -0.10169990809450258,
     "targetRel": 0.03937958560402122
    },
    {
     "lat": 37.5407,
     "lon": -77.436,
     "buyer": 0.7202866475539701,
     "metro": "Richmond",
     "target": 0.863474250889788,
     "buyerRel": -0.10733489933751295,
     "targetRel": 0.03585270399830498
    }
   ],
   "correlation": 0.33501703521984727,
   "strongholds": [
    {
     "lat": 40.7128,
     "lon": -74.006,
     "buyer": 0.9035914207294288,
     "metro": "New York",
     "target": 0.9756723415366784,
     "buyerRel": -0.023147707001359596,
     "targetRel": 0.04893321380589
    },
    {
     "lat": 42.8864,
     "lon": -78.8784,
     "buyer": 0.7786404332363832,
     "metro": "Buffalo",
     "target": 0.9107529296856974,
     "buyerRel": -0.056895741155649326,
     "targetRel": 0.0752167552936649
    },
    {
     "lat": 39.9526,
     "lon": -75.1652,
     "buyer": 0.8644685263094293,
     "metro": "Philadelphia",
     "target": 0.9545663029097291,
     "buyerRel": -0.04068836026085332,
     "targetRel": 0.04940941633944651
    }
   ],
   "whiteSpaceCount": 6,
   "relativeToCohort": true
  },
  "shortlistAverages": {
   "value": 0.3788101542840746,
   "correlation": -0.2423796914318507
  }
 },
 {
  "id": "t1-m6",
  "label": "m6 Momentum",
  "data": {
   "z": null,
   "note": "Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.",
   "value": null,
   "priorSd": null,
   "coverage": 0,
   "priorMean": null,
   "normalised": true,
   "recentMean": null
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-profile",
  "label": "Qloo entity profile: Chobani",
  "data": {
   "name": "Chobani",
   "drivers": [
    {
     "name": "Quaker Oats Company",
     "score": 0.26343214099373846
    },
    {
     "name": "Pepsi",
     "score": 0.2496871233515912
    },
    {
     "name": "Gatorade",
     "score": 0.2485376967064704
    },
    {
     "name": "Doritos",
     "score": 0.23834303894819994
    }
   ],
   "ownership": "independent",
   "keyMarkets": [
    "United States"
   ],
   "popularity": 0.9332694817853571,
   "screenRank": 1,
   "foundedYear": 2005,
   "priceRangeUsd": [
    1,
    6
   ],
   "ultimateParent": "Chobani, LLC",
   "forwardAffinity": 0.8127547306367611,
   "competitorBrands": [
    "Fage",
    "Dannon",
    "Siggi's",
    "Yoplait",
    "Oikos"
   ],
   "sharedCategories": [
    {
     "name": "Food & Beverage",
     "score": 0.7305072539555804
    },
    {
     "name": "Food",
     "score": 0.7303632399004254
    }
   ],
   "knownPartnerships": [],
   "marketPositioning": "Accessible premium-quality Greek yogurt and dairy products emphasizing natural, high-protein nutrition for the mass market."
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-score",
  "label": "Composite score",
  "data": {
   "F": 64.03050670102104,
   "points": {
    "m1": 26.398150781792534,
    "m2": 6.139472806139472,
    "m3": 13.620805477287025,
    "m4": 10.455316329025077,
    "m5": 7.4167613067769285,
    "m6": 0
   },
   "coverage": 0.9
  },
  "shortlistAverages": {
   "F": 55.38338238220258,
   "coverage": 0.8800000000000001
  }
 }
]