Gillco Ingredients

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Gillco Ingredients - overview

Established

1982

Location

San Marcos, CA, US

Primary Industry

Food

About

Based in California, US, and founded in 1982, Gillco Products, Inc. doing business as Gillco Ingredients operates as a manufacturer of food ingredients for the food and nutrition industry. In May 2023, the firm was fully acquired by Azelis Group NV, a portfolio company of EQT, Public Sector Pension Investment Board, and Mawer Investment Management. The firm as of May 2023, is led by its owner, Bill Gillies.


The company offers a range of ingredients catering to various applications, ranging from natural antimicrobials and prebiotic soluble fibers to gum systems, and nut milk alternatives. Other ingredients offered by the company include antioxidants, chocolates, cocoa powder, oils and shortenings, emulsifiers and enzymes, specialty proteins, starches, sweeteners, and specialty products. Gillco mainly serves the food industry, including bakery, culinary, beverage, dairy, and nutraceutical markets. The business also focuses on developing insight to offer their clients new concepts and remedies, as well as technical expertise to help clients select the right combination of ingredients for any application.


The company as of May 2023, has a distribution operation in 8 states including Portland in Orlando, Fontana, Vernon, and San Leandro in California, Denver in Colorado, Kansas City in Kansas, Franklin in Illinois, etc.


Current Investors

Azelis S.A.

Primary Industry

Food

Sub Industries

Other Food Products

Website

www.gillco.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Gillco Ingredients - 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)
Add-onCompletedGillco Ingredients-

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