Atkins Nutritionals, Inc.
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Atkins Nutritionals, Inc. - overview
Established
1989
Location
Denver, CO, US
Primary Industry
Food
About
Atkins Nutritionals, Inc. specializes in low-carbohydrate food products aimed at supporting weight loss and healthy living, offering innovative solutions for dietary management and wellness. Founded in 1989 and headquartered in Denver, US, Atkins Nutritionals, Inc. develops food products that align with low-carb diets.
The company merged with Conyers Park Acquisition in April 2017 to form The Simply Good Foods Company, which began trading on NASDAQ on July 10, 2017. The merger was valued at USD 856 million, benefiting Roark Capital with USD 730. 13 million. The current CEO is David Atkins.
Atkins Nutritionals Inc. primarily focuses on providing a range of food products designed to support weight loss and healthy living, adhering to the principles of low-carbohydrate diets. Their core offerings include protein-rich snacks, meal replacement bars, shakes, and frozen meals, all formulated to help consumers manage their dietary preferences while enjoying flavorful options. The products cater to a diverse customer base, including individuals seeking weight management solutions, health-conscious consumers, and those following specific dietary regimes such as low-carb or ketogenic lifestyles.
Atkins products are available in major retail markets across the United States, as well as in select international markets, ensuring accessibility for a wide audience. The company emphasizes a science-backed approach to wellness, aiming to empower customers with the resources they need to achieve their health goals through enjoyable eating experiences. Atkins Nutritionals Inc. generates revenue through direct-to-consumer sales and partnerships with retailers and wholesalers.
In the most recent year, the company reported revenue of USD 200. 00 mn and an EBITDA of USD 14. 00 mn. The sales model includes offering individual products—such as their trademarked protein bars and shakes—through various distribution channels, including grocery stores, health food retailers, and online platforms.
These transactions facilitate a steady flow of revenue as customers purchase products to support their weight management objectives. The pricing structure typically reflects the premium quality and nutritional benefits of Atkins offerings, catering to a market willing to invest in health-oriented food solutions. Atkins Nutritionals, Inc. is expected to continue its growth trajectory by expanding its product line with new offerings designed to meet evolving consumer preferences.
The company aims to enhance its market presence, particularly in international markets, though specific regions have not been detailed. The recent funding through the Recapitalisation round totaling USD 118. 00 mn will support these initiatives, enabling further development of innovative products and expansion of distribution channels. The company remains focused on leveraging its merger with Conyers Park Acquisition to enhance brand visibility and operational capabilities in the competitive health food market.
Current Investors
The Simply Good Foods Company
Primary Industry
Food
Sub Industries
Snack Foods, Health Foods & Nutritional Supplements
Website
www.atkins.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Atkins Nutritionals, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Atkins Nutritionals, Inc., Conyers Park Acquisition | - | ||||||||
| Private Debt | Completed | Atkins Nutritionals, Inc. | - | ||||||||
| Secondary Buyout | Completed | Atkins Nutritionals, Inc. | - | ||||||||
| Buyout | Completed | Atkins Nutritionals, Inc. | - | ||||||||
| Bankruptcy/Write-off | Completed | Atkins Nutritionals, Inc. | - |
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