Benestar Brands, LLC
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Benestar Brands, LLC - overview
Established
2019
Location
Chicago, IL, US
Primary Industry
Food
About
Benestar Brands, LLC, based in the US, specializes in providing a diverse range of pork snacks, including low-carb, crunchy options that cater to health-conscious consumers and snack enthusiasts. Benestar Brands, LLC focuses on the production of pork snacks and was founded in 2019 in Chicago, US. The company has completed 2 deals, with its most recent deal dated December 11, 2023. Irlanda Montes is the founder, and Bruce Myers serves as the CEO.
Benestar Brands specializes in the production of a range of pork snacks, primarily focusing on crunchy, low-carb products such as pork rinds and cracklins. Additionally, the company offers authentic batch-cooked tortilla chips and salsa, targeting health-conscious consumers and food retailers in the United States and Canada. Benestar Brands generates revenue through direct-to-consumer sales and partnerships with grocery chains, convenience stores, and specialty food retailers. The company operates on a wholesale model, allowing retailers to purchase products in bulk at negotiated prices, thus facilitating wider distribution of its snack products.
In December 2023, Benestar Brands, LLC merged with Palmex Alimentos, S. A. de C. V.
, facilitating an expansion of their snack food offerings and manufacturing capabilities. This strategic move aims to maximize market reach and introduce new products, further enhancing their portfolio.
Current Investors
Benestar Brands, LLC/Palmex Alimentos, S.A. de C.V., Antares Capital , Highlander Partners
Primary Industry
Food
Sub Industries
Snack Foods
Website
www.benestarbrands.com
Company Stage
Merged
Total Amount Raised
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Benestar Brands, LLC - 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 | Benestar Brands, LLC, Palmex Alimentos, S.A. de C.V. | - | ||||||||
| Add-on, Trade Sale | Completed | 4505 Meats LLC | - | ||||||||
| Add-on | Completed | Miller Baking Company | - | ||||||||
| Add-on, Trade Sale | Completed | Evans Food Group Ltd. | - | ||||||||
| Company Formation | Completed | Benestar Brands, LLC | - |
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