Specialty Food Manufacturer
We see a niche as a selling point, not a hurdle.
We see a niche as a selling point, not a hurdle.
Founded in 1997, in Cleveland, Ohio, is a manufacturer and distributor of seasonings, sauces, and spices targeted to the ethnic markets. With regional distribution through nationally recognized grocers, the company enjoys a specialty niche in the food manufacturing industry. The ownership decided it was time for retirement and did not know if there was a market for such a niche business.
We, Griffin Moor, conducted a full open process and surfaced nearly one hundred interested parties including executives of fortune 100 companies.
Revenue Size: < $5M
Headcount: 5
Products:
Hot, BBQ, & Buffalo Sauce
Poultry and Fish Seasonings
Vegetable Seasonings
Desert Seasonings
and many more
Engagement Type: Exclusive Mandate
Engagement Timeline: 3 months
Process Type: Open Auction
Exit Multiple: 2.5X Adjusted EBITDA