Flavor 1st Growers & Packers

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Flavor 1st Growers & Packers - overview

Established

1798

Location

Mills River, NC, US

Primary Industry

Agribusiness

About

Flavor 1st Growers & Packers is dedicated to the cultivation, packing, and distribution of a wide variety of fresh produce, ensuring high-quality products are available year-round across the United States. Established in 1798 in Mills River, US, Flavor 1st Growers & Packers specializes in fresh produce logistics. The company has undergone strategic shifts to enhance operational efficiency, focusing on quality and traceability. Flavor 1st specializes in the cultivation, packing, and distribution of 31 varieties of fresh produce, including tomatoes, cucumbers, and green peppers.


Its operational model emphasizes year-round supply to grocery stores, wholesalers, and fresh markets throughout the U. S. The company utilizes advanced technology for product traceability, ensuring customers can identify the farm, field, and harvest date of their produce. The staff undergoes HACCP training to uphold quality control and food safety standards.


Flavor 1st serves markets beyond its operational states of North Carolina, South Carolina, Georgia, and Florida, satisfying the demand for consistent fresh produce supply across various regions. Flavor 1st generates revenue primarily through direct sales to grocery retailers, wholesalers, and fresh market operators. Orders consist of bulk fresh produce, with shipments processed seven days a week to meet client demands. Each order includes specific labeling and UPC codes for efficient inventory management.


While specific pricing details are not disclosed, the company maintains competitive pricing in line with its objective of consistently providing high-quality products, supported by an operationally efficient, customer-focused service model. In July 2013, Flavor 1st Growers & Packers received recapitalization from Sun Capital Partners, with undisclosed financial terms. The company is exploring the introduction of new produce varieties and expanding its geographic reach to additional markets by 2025. Recent funding is expected to support these initiatives, ensuring the continuation of their commitment to quality and expanding service capabilities.


Current Investors

Sun Capital Partners

Primary Industry

Agribusiness

Sub Industries

Packaging, Crop Production

Website

www.flavor1st.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Flavor 1st Growers & Packers - 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)
RecapitalisationCompletedFlavor 1st Growers & Packers-

Displaying 1 - 1 of 1

Flavor 1st Growers & Packers - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.