AMI Group
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AMI Group - overview
Established
1989
Location
Santa Monica, CA, US
Primary Industry
Food
About
AMI Group specializes in providing food and beverage solutions for the travel industry and relief organizations, focusing on combatting food insecurity through innovative program management. AMI Group offers food and beverage solutions primarily to the travel industry and humanitarian sectors. Founded in 1989 in Santa Monica, US, the company has undergone strategic pivots to enhance its operational efficiency. In January 2019, IDIA Capital Investissement, along with the company's management, acquired LGI Wines from AMI Group and Initiative & Finance.
The founder has a history of entrepreneurship and has previously been involved in founding other ventures in the food and beverage industry. AMI Group provides a comprehensive range of food and beverage solutions tailored for the travel industry and relief organizations, focusing on alleviating food insecurity. The company’s core offerings include a diverse portfolio of food products and beverages sourced from over 200 suppliers, ensuring a wide selection that meets the distinct needs of its clientele. AMI Group serves more than 40 airlines globally, all major cruise lines, and various organizations committed to food relief efforts across 13 Caribbean islands.
By leveraging its extensive knowledge of these markets, AMI Group addresses specific customer requirements, facilitating seamless operations that enhance the travel experience and support relief initiatives. The company’s commitment to innovation and program management further underscores its ability to deliver effective solutions to its diverse range of end users, including airlines, cruise lines, and humanitarian organizations. AMI Group has achieved over USD 350. 00 mn in sales worldwide since its inception over 30 years ago.
The firm conducts transactions primarily through B2B relationships, supplying its products directly to airlines, cruise lines, and food relief organizations. These partnerships are essential for the company's revenue model, enabling bulk procurement and streamlined distribution of its food and beverage offerings. While specific pricing structures for individual products or services are not disclosed, AMI Group’s transaction framework includes contracts for regular supply, which can vary based on the volume and type of products ordered. This structured approach allows AMI Group to maintain its competitive edge in the market while ensuring a consistent flow of revenue through established relationships with key industry players.
AMI Group is focusing on expanding its product lines, with new offerings designed specifically for the travel sector expected to launch by the end of 2024. The company is targeting expansion into additional markets in Europe and Asia, with plans to establish a presence in at least three new countries by 2025. Recent funding, amounting to USD 10. 00 mn, will be utilized to support these initiatives, including product development and market entry strategies.
Primary Industry
Food
Sub Industries
Non-Alcoholic Beverages, Alcoholic Beverages, Food
Website
www.amigrp.com
Total Amount Raised
Subscriber access only
AMI Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | LGI Wines | - | ||||||||
| Secondary Buyout | Completed | LGI Wines | - |
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