Connors Bros.

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Connors Bros. - overview

Established

2001

Location

Markham, ON, Canada

Primary Industry

Agribusiness

About

Connors Bros. operates as a seafood provider, delivering a variety of canned and pouched seafood products that cater to the growing demand for nutritious and sustainable food options. Founded in 2001 in Markham, Canada, Connors Bros. specializes in seafood production and has engaged in three investment deals to date.


The most recent funding round was a Secondary Buyout in May 2022, where they raised USD 980. 00 mn from Lion Capital, marking the total amount raised since inception at USD 980. 00 mn. Connors Bros.


is recognized for its extensive range of seafood products, including canned and pouched items like tuna, salmon, and sardines. Their offerings also encompass ready-to-eat meals and gourmet selections, crafted to fulfill consumer needs for convenience and nutritional value while adhering to sustainable sourcing practices. The company's products are distributed widely across North America, catering to grocery chains and food service operations. Connors Bros.


relies on a B2B revenue model, primarily supplying retailers, wholesalers, and food service providers. The company focuses on bulk orders of their seafood products, utilizing established retail partnerships and direct sales strategies. Their pricing is reflective of market standards for sustainable seafood, which supports long-term collaborations with major grocery chains and ensures consistent order cycles. With the funding from the Secondary Buyout in May 2022, Connors Bros.


aims to enhance its product line by introducing new seafood offerings that focus on health and sustainability. The company plans to expand its market presence into select international regions by the end of 2023, leveraging its recent acquisitions to drive growth. Furthermore, they seek to utilize this funding to bolster their operational capabilities and increase production efficiency.


Primary Industry

Agribusiness

Sub Industries

Fishing & Seafood

Website

www.connors.ca

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Connors Bros. - 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)
Trade SaleCompletedConnors Bros.-
Secondary BuyoutCompletedConnors Bros.-
Public to PrivateCompletedConnors Bros.-
Trade SaleCompletedCastleberry/Snow's Brand Inc.-

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Connors Bros. - employee data

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