Table 10: Middle market – food &beverage <$1.0B in enterprise value (EV)
Source: S&P Capital IQ and proprietary BT Capital research
(1) Data as of 6/30/2024 or most recently reported period
4/30/2024 4/26/2024 3/13/2024
2/29/2024
1/26/2024
1/2/2024
1/2/2024
Food Products
Food products
Food products
Food products
Food products
Food Products
Food products
$391.5 4.7x - California $355.0 4.1x 18.0x California $185.0 0.5x - California
$66.3 0.4x - Minnesota
$486.7 1.6x - California
$7.5 2.3x - Missouri
$20.0 0.3x - Ohio
Sonoma-Cutrer Vineyards, Inc. manufactures and distributes Chardonnay. The company markets its wines under the brands Russian River Ranches, The Cutrer was founded in 1973 and is based in Windsor California.
Flavor Producers, LLC crafts, produces, and sells organic, natural, and plant-based food products and beverages. The company was founded in 1981 and is based in Valencia, California.
Progressive Produce Corporation grows, packs, distributes, and ships fresh produce. The company iwas founded in 1967 and is headquartered in Los Angeles, California with locations in Pennsylvania, California, and Washington.
PTF Holdings, LLC
Devenish Nutrition, LLC develops and manufactures premixes, pre-starters, starters, and concentrates along with specialty products and solutions for livestock animals. Devenish Nutrition, LLC was founded in 1952 and is headquartered in Fairmonxt Minnesota.
Ingomar Packing Company LLC produces, and packages tomato paste. It provides hot and cold break tomato pastes; and diced tomatoes. Ingomar Packing Company LLC was founded in 1983 and is based in Los Banos, California.
Riley's Pets produces dog food products. The company was founded in 2012 and is based in Saint Louis, Missouri. As of January 2, 2024, Riley's Pets operates as a subsidiary of Pet MD Brands, Inc.
Fermented Food Condiment Brands of The J.M. Smucker Company comprises fermented food condiment brands. The asset is located in USA.