Associated Supermarket Group, LLC

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Associated Supermarket Group, LLC - overview

Established

1954

Location

-, NY, US

Primary Industry

Retail

About

Associated Supermarket Group (ASG) specializes in retail solutions for independent grocery stores, providing essential support through distribution, marketing, and financing services tailored to their unique needs. Founded in 1954 in the US, Associated Supermarket Group operates as a wholesaler serving independent grocery stores. The company was acquired by its management from AUA Private Equity Partners in January 2021, with financial terms undisclosed. ASG has maintained a steady focus on supporting local grocers in the Northeast and Mid-Atlantic regions, primarily in locations such as New York, New Jersey, and Pennsylvania.


The founder's specific history is not detailed, but the company has facilitated five deals since its inception. Associated Supermarket Group (ASG) primarily offers retail solutions tailored for independent grocery stores across the Northeast and Mid-Atlantic regions of the United States. Their core product offerings encompass distribution, marketing, merchandising, promotional services, and store financing, facilitating a comprehensive support system that empowers independent grocers to operate efficiently and competitively. Notably, ASG's private label brand, Avenue A, features over 250 products that include pantry staples, frozen foods, and household essentials, specifically designed to reflect the local diversity and preferences of the communities they serve.


The ASG supermarket network includes various banners such as Associated, Compare Foods, and Met Foods, with a strong presence in states such as New York, New Jersey, and Pennsylvania, among others, serving a broad customer base of independently owned grocery stores. ASG generates revenue through a multi-faceted business model that serves both independent retailers and consumers. The company engages in wholesale distribution, providing grocery items and services to over 275 stores within its network, which facilitates transactions directly between ASG and retail partners. ASG’s revenue structure includes partnerships with over 50 central bill vendors, enabling streamlined financial transactions for their retail clients.


They also emphasize competitive financing options and marketing support, creating value for their partners. While specific pricing plans for individual products or services are not detailed, ASG's offerings are designed to ensure that independent supermarkets can access quality goods at competitive prices, enhancing their operational effectiveness in local markets. Future growth at Associated Supermarket Group focuses on expanding its product range and geographic reach. The company plans to introduce new private label products in early 2023 to enhance its offerings and meet consumer demands.


Additionally, ASG is targeting expansion into new markets in the Southeast region of the United States by 2024. The recent acquisition in January 2021 will enable ASG to leverage additional resources to support these initiatives, enhancing its capacity to serve independent grocery stores and bolstering its market position.


Current Investors

Private Equity Sponsor Not Disclosed

Primary Industry

Retail

Sub Industries

Supermarkets & Grocery Stores

Website

www.asghq.com

Total Amount Raised

Subscriber access only

Associated Supermarket Group, LLC - 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)
Sale to ManagementCompletedAssociated Supermarket Group, LLC-
BuyoutCompletedAssociated Supermarket Group, LLC-
Add-onCompletedMetropolitan City Foods-
RecapitalisationCompletedAssociated Supermarket Group, LLC-
RecapitalisationCompletedAssociated Supermarket Group, LLC-

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Associated Supermarket Group, LLC - employee data

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