Dakota Dry Bean

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Dakota Dry Bean - overview

Location

Grand Forks, ND, US

Primary Industry

Food

About

Dakota Dry Bean is engaged in producing premium dry bean ingredients, focusing on high-quality non-GMO products for the food and pet food industries, ensuring nutritional value and market versatility. Founded in Grand Forks, US, Dakota Dry Bean operates in the agricultural sector, specializing in the production of high-quality dry beans. The company has undergone a strategic pivot, being acquired by an independent sponsor in December 2011, though financial details of the deal remain undisclosed. The founder's history is not publicly available, and there are no mentions of subsidiaries or parent companies.


Dakota Dry Bean specializes in the production of premium ingredient inputs for both food and pet food manufacturers. The company's core offerings include high-quality non-GMO pea products, with various gluten-free options, addressing the growing demand for healthier food ingredients. These products cater to food manufacturers aiming to enhance nutritional profiles and to pet food producers seeking high-quality protein sources. Dakota Dry Bean emphasizes advanced processing techniques to meet the rigorous standards of its clients, primarily serving North American markets with a focus on both large and small-scale manufacturers across various sectors.


Dakota Dry Bean generates revenue through a competitive pricing model, fostering strong partnerships within the agricultural sector with prompt payments to growers. The revenue model is primarily B2B, with food and pet food manufacturers ordering ingredients tailored to their production needs. While specific pricing details are not disclosed, the company likely engages in direct sales and long-term contracts to ensure consistent supply and pricing stability. The flagship non-GMO pea offerings play a crucial role in the company's revenue generation strategy, aligning with market trends for healthier food options.


Dakota Dry Bean is currently focusing on expanding its product line by designing new offerings that cater to emerging market trends in health and nutrition, with anticipated launches in the near future. The company is also looking to enter new geographic markets to increase its presence beyond North America, although specific regions and dates for expansion have not been detailed. The most recent acquisition in December 2011 signifies a shift in strategy that may leverage new growth opportunities, but specific plans for utilizing recent funding have not been disclosed.


Primary Industry

Food

Sub Industries

Dairy Products, Canned/Frozen Fruit & Vegetables

Website

www.dakotadrybean.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Dakota Dry Bean - 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)
Private DebtCompletedDakota Dry Bean-

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