Cole's Quality Foods, Inc.
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Cole's Quality Foods, Inc. - overview
Established
1943
Location
Grand Rapids, MI, US
Primary Industry
Food
About
Founded in 1943 and based in Michigan, US, Cole's Quality Foods, Inc. operates as a producer of garlic breads. The company was founded by L. Carroll Cole.
In December 2024, Furlani Foods Corporation, a portfolio company of Entrepreneurial Equity Partners, agreed to acquire Cole's Quality Foods, Inc. As of 2024, the company is led by its CEO, Scott Devon. Cole’s specializes in providing a range of quality food products designed for families. Their core offerings include various food items such as garlic bread, Texas toast, and breadsticks, all produced in facilities that are free from peanuts and tree nuts.
Cole's products are distributed across a wide geographical market, prominently available in the freezer aisles of retailers throughout the United States. The revenue model for Cole’s is structured around direct sales to retail partners, where products are sold to grocery chains and other retailers for consumer resale.
Current Investors
Furlani Foods Corporation
Primary Industry
Food
Sub Industries
Bakery Products
Website
www.coles.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cole's Quality Foods, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Cole's Quality Foods, Inc. | - |
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