East Balt Bakeries
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East Balt Bakeries - overview
Established
1935
Location
Chicago, IL, US
Primary Industry
Food
About
East Balt Bakeries specializes in producing high-quality baked goods, primarily serving the quick-service restaurant industry with innovative bread and bun solutions tailored to meet customer needs. Founded in 1935 in Chicago, US, East Balt Bakeries operates within the food production sector, focusing on baked goods for various clients, particularly in the quick-service restaurant industry. In November 2012, One Equity Partners announced the acquisition of East Balt Bakeries for USD 650. 00 mn, consolidating its position within the market.
The company has raised a total of USD 650. 00 mn in funding, with Grupo Bimbo SAB de CV participating in the latest Trade Sale round. The leadership team is headed by CEOs Frank Kuchuris and Mark Bendix. East Balt Bakeries offers a range of baked products designed specifically for quick-service restaurants, including various types of buns and bread.
These products are engineered to enhance the customer experience through quality and convenience, catering to diverse markets across North America and Europe. The company's offerings are aimed at addressing the specific needs of restaurant chains, thereby facilitating smoother operations and enhanced customer satisfaction. Revenue for East Balt Bakeries is generated through a combination of B2B sales and direct-to-consumer transactions, with tailored pricing strategies that accommodate client needs. Their business model includes subscription services that provide ongoing access to their bakery products, which are distributed effectively through partnerships with retailers and wholesalers to maximize market reach.
Looking ahead, East Balt Bakeries plans to enhance its product line with new baked goods aimed at expanding its market share in North America and Europe. The company is focusing on specific regions to broaden its footprint, utilizing the funding from the recent acquisition to support product development and market penetration strategies. The latest acquisition deal on November 27, 2012, by One Equity Partners is expected to facilitate these growth initiatives effectively.
Primary Industry
Food
Sub Industries
Snack Foods, Bakery Products, Food & Beverage Distribution
Website
www.eastbalt.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
East Balt Bakeries - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | East Balt Bakeries | - | ||||||||
| Buyout | Completed | East Balt Bakeries | - |
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East Balt Bakeries - employee data
East Balt Bakeries - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Investor and Board Member | BM |
BM Board Member
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