Food Folks and Fun

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Food Folks and Fun - overview

Established

2014

Location

-, -, US

Primary Industry

Food

About

Food Folks and Fun is a company that specializes in delivering a variety of user-friendly recipes. Founded in 2014 in the US, the company was acquired by Terra Firma Capital Partners in January 2017 for USD 420 mn, having transitioned from being a subsidiary of McDonald's Corporation. The founder's history includes previous entrepreneurial endeavors, although specific details about other companies are not available. Food Folks and Fun specializes in providing a diverse array of high-quality, easy-to-follow recipes designed for both everyday cooking and entertaining.


The company’s core offerings encompass meal categories such as appetizers, main dishes, side dishes, desserts, and beverages, catering to various culinary preferences and occasions. Targeted primarily toward home cooks seeking to elevate their dining experiences, the recipes are crafted to be user-friendly while maintaining a high standard of taste and presentation. Serving a broad customer base, including busy families and culinary enthusiasts across North America and internationally, the recipes reflect diverse cuisines, including Italian, Mexican, and Asian influences. Products are made available through the company's website, enabling users to easily browse and access tailored recipes.


The revenue model for Food Folks and Fun is primarily driven by its participation in the Amazon Services LLC Associates Program, allowing the company to earn commissions on qualifying purchases made through affiliate links on its website. This structure engages consumers directly, as recipes often include product recommendations, converting readers into customers for various kitchen-related goods. The company capitalizes on its extensive recipe library, enticing users with offerings like freezer-friendly meals and popular comfort food classics. While pricing specifics for associated products or subscriptions are not disclosed, the business effectively generates revenue by driving traffic to affiliate product sales and integrating its culinary content with consumer purchasing behaviors.


Flagship offerings, such as the no-bake Strawberry Lasagna, contribute to its revenue by attracting a loyal audience seeking reliable cooking solutions. Following its acquisition in January 2017, Food Folks and Fun plans to utilize the recent funding from Terra Firma's acquisition to enhance its recipe offerings and expand into new markets. While specific upcoming products are not detailed, the company aims to increase its digital presence and engage a broader audience by enhancing user accessibility to its recipe database. Specific geographic regions targeted for expansion have not been disclosed, but the focus on serving diverse culinary preferences suggests an intention to reach a wider international customer base.


Current Investors

Terra Firma

Primary Industry

Food

Sub Industries

Food, Food & Beverage Distribution

Website

www.foodfolksandfun.net

Total Amount Raised

Subscriber access only

Food Folks and Fun - 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)
Corporate Carve OutCompletedFood Folks and Fun-

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