Minute Menu Systems

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Minute Menu Systems - overview

Established

1993

Location

Richardson, TX, US

Primary Industry

Software

About

Minute Menu Systems provides software solutions specifically designed for the childcare industry, focusing on streamlining operations and enhancing compliance for childcare providers, particularly through the Child and Adult Care Food Program (CACFP). Founded in 1993, Minute Menu Systems, headquartered in Richardson, US, specializes in software solutions for the childcare sector. The company's operations are focused on facilitating efficient management of food program claims and financial reporting for childcare centers. Deepak Jayadevan, the founder and current CEO, leads the company alongside Georgine Muntz and Kam Phillips-Sadler.


In April 2017, the company received an investment from Alpine Investors, although financial details of the deal were not disclosed. Minute Menu Systems offers KidKare, a robust suite of software tailored for the childcare industry, particularly focusing on the Child and Adult Care Food Program (CACFP). The primary product is a food program management software that simplifies bookkeeping, billing, payments, and financial reporting for childcare centers and sponsors. KidKare supports various programs, including At-Risk After School and Summer Food Service Programs, catering to a broad clientele that encompasses both affiliated and unaffiliated childcare centers across the United States.


The revenue model for Minute Menu Systems is primarily subscription-based, allowing childcare centers and sponsors within the CACFP framework to access the KidKare software solutions. Clients typically engage through monthly or annual subscriptions, granting them access to comprehensive financial management tools designed to enhance their operational efficiencies. This model enables the company to tap into a wide market segment, ensuring steady revenue generation from its diverse customer base. Minute Menu Systems plans to leverage the investment from Alpine Investors to enhance its product offerings and expand its market reach.


The company is focused on developing new features for its KidKare platform, with updates expected to be launched within the next year. Additionally, Minute Menu Systems is targeting expansion into new geographic markets, specifically aiming to reach more childcare providers across the United States by the end of 2023. The recent funding will support these initiatives, enabling the company to improve its technology and marketing efforts.


Current Investors

Alpine Investors

Primary Industry

Software

Sub Industries

Childcare Services, Content Management Software

Website

www.minutemenu.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Minute Menu Systems - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedKidKare-
GrowthCompletedMinute Menu Systems-

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Minute Menu Systems - employee data

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