Foods Connected Ltd

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Foods Connected Ltd - overview

Established

2013

Location

Co. Londonderry, -, UK

Primary Industry

Software

About

Based in the UK, Foods Connected Ltd offers innovative supply chain management software designed specifically for the food industry, enhancing efficiency and compliance across various business operations. Foods Connected Ltd, founded in 2013 in Co. Londonderry, UK, provides software solutions focused on supply chain management in the food sector. The company recently underwent a significant change when Apax Partners agreed to acquire a 74% majority stake from Hilton Food Group for GBP 22 million on July 23, 2025.


This acquisition aims to support Foods Connected in accelerating its growth within the food market. Foods Connected specializes in providing comprehensive supply chain management software tailored for the food industry. Their core offerings include solutions for food safety, compliance, procurement, quality management, product lifecycle management, and sustainability reporting. The software centralizes data collection and management, reducing human error and enhancing transparency across teams and business units.


Foods Connected addresses critical issues such as inefficient data handling, supplier compliance, and real-time visibility into the supply chain, which are essential for businesses ranging from small to large enterprises. Their client base includes major food retailers and manufacturers globally, with over 150 manufacturing factories and 8,000+ suppliers utilizing their platform across North America, Europe, and Asia-Pacific. The revenue model of Foods Connected is structured around subscription-based services where clients pay for access to their supply chain management software. Contracts often involve tiered pricing based on the services selected, ranging from basic compliance solutions to comprehensive end-to-end management tools.


Clients may subscribe to core solutions such as Food Compliance Software or Quality Management Systems, with costs reflecting the specific functionalities required. The transactions are predominantly B2B, serving food manufacturers, retailers, and distributors who rely on the platform to streamline operations and enhance productivity. Following the acquisition by Apax Partners, Foods Connected plans to utilize the funding to accelerate growth in the food market. The strategy includes enhancing existing software offerings and potentially developing new products to meet emerging market demands.


The company is expected to expand its reach into new geographic regions, further solidifying its presence in North America, Europe, and Asia-Pacific. The recent funding will facilitate these initiatives, positioning Foods Connected to better serve its growing client base.


Primary Industry

Software

Sub Industries

Food, Logistics Software, Customer Relationship Management, Analytics & Performance Software

Website

www.foodsconnected.com

Verticals

Agtech, Cloud Computing, RegTech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Foods Connected Ltd - financials

Fiscal Year EndedDec 31, 2023Dec 31, 2024
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

Foods Connected Ltd - 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)
BuyoutAnnouncedFoods Connected Ltd-

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