Eegee's, Inc.

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Eegee's, Inc. - overview

Established

1971

Location

Tucson, AZ, US

Primary Industry

Travel & Leisure

About

Eegee's, Inc. is a company specializing in innovative frozen dessert products, particularly known for their unique frozen yogurt offerings that cater to diverse consumer tastes. Founded in 1971 and headquartered in Tucson, US, Eegee's, Inc. is recognized for its iconic frozen yogurt.


The company has not undergone significant pivots in its business strategy. The current CEO, Jason Vaughn, leads the company, which has engaged in a single deal, with the most recent deal occurring on October 5, 2018, when 39 North Capital Partners, Knott Partners, and ORIX Mezzanine & Private Equity acquired Eegee's, Inc. Financial terms were not disclosed. Eegee's specializes in providing a unique range of frozen dessert products, particularly its frozen yogurt offerings.


The company has developed various flavors to meet diverse customer preferences, focusing on quality ingredients and innovative recipes. These products satisfy the demand for healthier dessert alternatives among health-conscious individuals and families. Eegee's targets individual consumers, grocery chains, and specialty food retailers, with a presence in the United States, Canada, and select regions of Europe. The revenue structure of Eegee's is predominantly driven by direct sales of its frozen yogurt products through retail partnerships and direct-to-consumer channels.


Eegee's employs a multi-faceted transaction model including bulk supply agreements with grocery chains and specialty retailers, which supports high-volume sales and distribution. Pricing for their flagship products is competitive, appealing to consumers seeking affordable indulgence, while larger bulk purchases cater to businesses looking to stock premium dessert options, ensuring steady revenue generation as the brand gains popularity. Eegee's is focused on expanding its product line and market reach. There are plans for upcoming new flavors and dessert products, although specific release dates have not been detailed.


The company is also looking to expand its geographic presence, targeting new markets in North America and Europe by 2025. Recent funding from the October 2018 acquisition will be utilized to support these initiatives, enhancing product development and market penetration.


Current Investors

Knott Partners, Prolign Capital, 39 North Capital Partners

Primary Industry

Travel & Leisure

Sub Industries

Snack Foods, Restaurants & Nightlife

Website

www.eegees.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Eegee's, Inc. - 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)
BuyoutCompletedEegee's, Inc.-

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