Alder Foods, Inc.
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Alder Foods, Inc. - overview
Established
1963
Location
-, MA, US
Primary Industry
Logistics & Distribution
About
Alder Foods, Inc. is a US-based military food broker specializing in enhancing sales growth and managing distribution for products intended for military trade, ensuring efficient market access for its supplier partners. Founded in 1963, Alder Foods, Inc. serves as a military food broker, facilitating transactions between suppliers and military commissaries.
In 2019, Alder Foods was acquired by IMB Partners as part of a recapitalization effort. The company is now part of Pro Food Solutions alongside Elite Brands LLC and Richmond Wholesale Meat, LLC. Specific global office locations are undisclosed. Alder Foods, Inc.
operates as a military food broker, focusing on driving sales growth, brand marketing, and managing distribution for products intended for military channels. The firm serves suppliers targeting the Defense Commissary Agency (DeCA) network, which includes 237 commissaries worldwide, catering to approximately 1. 4 million active-duty personnel and 2. 5 million retirees.
The company streamlines the transaction process for suppliers, mitigating complexities associated with military sales. Alder Foods generates revenue primarily through its military food brokerage services, facilitating sales between suppliers and military commissaries. The firm takes title to products upon delivery, sharing associated risks and rewards with its partners. For FY 2023, Alder Foods reported substantial annual sales figures of USD 4.
56 bn. Following its acquisition in 2019, Alder Foods is focusing on leveraging its integration with Elite Brands LLC and Richmond Wholesale Meat, LLC under Pro Food Solutions to enhance its market presence. The recent funding will support initiatives aimed at expanding service offerings within existing markets. Future plans include exploring opportunities to optimize product lines and enhance supplier partnerships to better serve military customers.
Current Investors
Pro Food Solutions, IMB Partners
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.alderfoods.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Alder Foods, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Alder Foods, Inc. | - | ||||||||
| Growth | Completed | Alder Foods, Inc. | - |
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