GlacierPoint Enterprises, Inc.

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GlacierPoint Enterprises, Inc. - overview

Location

Bronx, NY, US

Primary Industry

Food

About

GlacierPoint Enterprises, Inc. is a US-based company specializing in Direct Store Delivery (DSD) of a wide array of products, with a primary focus on ice cream and frozen goods. GlacierPoint Enterprises, Inc. operates in the Bronx, US, primarily focusing on Direct Store Delivery solutions.


The company was formed in September 2024, with financial terms undisclosed, under the guidance of Mill Point Capital. The founder's background and previous ventures are not specified. GlacierPoint Enterprises focuses on Direct Store Delivery (DSD) of a diverse range of products, primarily specializing in ice cream but also encompassing a variety of frozen foods, beverages, and dry goods. The company partners with leading national and regional brands to deliver high-demand, fast-turning merchandise directly to retail stores, thus eliminating the need for retailer distribution centers.


This operational model allows GlacierPoint to efficiently serve multiple segments including supermarkets, convenience stores, drug stores, food service facilities, and educational institutions across key markets such as New York, New Jersey, Pennsylvania, Maryland, Virginia, the Carolinas, Illinois, and Indiana. The company’s product offerings are tailored to meet consumer needs, ensuring that their extensive inventory, which includes high-quality ice cream mixes, sundae toppings, and beverages, is readily available to a wide customer base that values reliability and quality. GlacierPoint operates primarily on a B2B model, executing transactions directly with retailers and food service providers. The revenue structure is established through partnerships and agreements with various clients, where products are supplied on a per-order basis.


The company's extensive product line includes flagship offerings such as Häagen-Dazs and Ben & Jerry’s ice cream, alongside their own Panza brand products, which encompass ice cream mixes and sundae toppings. Transactions are typically structured around wholesale pricing agreements, where retailers purchase products in bulk to facilitate their own sales channels. This model supports consistent revenue generation while ensuring that clients have access to a diverse product range that meets consumer preferences in the markets they serve. The acquisition of GlacierPoint Enterprises, Inc.


in September 2024 will enable the company to pursue growth opportunities and strategic initiatives. Plans include launching new product lines, specifically tailored to consumer preferences, although exact details on release dates are not provided. Additionally, GlacierPoint aims to expand into new geographic markets, targeting regions that align with their operational strengths, enhancing their reach in the food distribution sector.


Current Investors

Mill Point Capital

Primary Industry

Food

Sub Industries

Other Food Products, Dairy Products, Food & Beverage Distribution

Website

www.glacierpointenterprises.com

Total Amount Raised

Subscriber access only

GlacierPoint Enterprises, 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)
Add-onCompletedJ & R Dairy, Inc.-
Add-onCompletedJoe & Ross, Inc.-
Add-onCompletedCool River Beverages LLC-
Add-onCompletedMarina Ice Cream Corp.-
Add-onCompletedSouthern Ice Cream and Gourmet Foods-

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