Avena Foods Ltd

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Avena Foods Ltd - overview

Established

2008

Location

Regina, SK, Canada

Primary Industry

Logistics & Distribution

About

Avena Foods Ltd is a Canadian company specializing in the milling of purity protocol oats and gluten-free pulse ingredients aimed at food, pet food, and nutraceutical sectors. Founded in 2008 and headquartered in Regina, Canada, Avena Foods Ltd focuses on providing specialty milled products. Notably, in June 2017, Ironbridge Equity Partners acquired a controlling stake in Avena Foods Ltd. The company has maintained consistent operations without significant pivots or changes in strategy.


The leadership team includes Gord Flaten, Maryellen Carlson, and Rob Stephen. Avena Foods specializes in milling purity protocol oats and functional gluten-free pulse ingredients for food, pet food, and nutraceutical manufacturers. Their offerings include a variety of oats such as whole grain rolled oats, quick flakes, steel cuts, groats, and flours, along with pulse ingredients like bean, chickpea, lentil, and pea flours. Avena’s products cater to the increasing demand for nutritious gluten-free options, supporting dietary needs across North America, Europe, and more.


Avena Foods generates revenue from direct business-to-business transactions primarily with manufacturers across the food, beverage, nutraceutical, and pet food industries. Pricing is based on bulk orders of specialty milled products, driven by long-term partnerships and negotiated contracts that ensure steady demand. The company emphasizes quality and traceability through its Avena Purity Protocol and Avena RegenAg Protocol, enhancing its appeal to clients seeking reliable ingredients. Avena Foods plans to leverage recent funding from the acquisition in June 2017 to expand its product line and geographical reach.


They are currently developing new gluten-free pulse products set to launch by mid-2024, targeting markets in Asia and Latin America for expansion. This strategic growth is aligned with their commitment to meeting the rising demand for gluten-free and sustainable food options.


Current Investors

Ironbridge Equity Partners

Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution

Website

http://avenafoods.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Avena Foods Ltd - 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)
BuyoutCompletedAvena Foods Ltd-

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