Gold Star Foods, Inc.

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Gold Star Foods, Inc. - overview

Established

1966

Location

-, CA, US

Primary Industry

Logistics & Distribution

About

Gold Star Foods, Inc. is a U. S. -based distributor focused on providing essential food products and services to support School Nutrition Programs, ensuring nutritional standards for students across the country.


Founded in 1966, Gold Star Foods, Inc. operates as a food distributor specializing in nutrition solutions for educational institutions. The company was acquired by Highview Capital from Castle Harlan in October 2019, with financial terms undisclosed. The acquisition is set to support a merger transaction with Good Source Solutions, Inc.


Gold Star Foods is headquartered in the United States and has engaged in three funding deals to date, enhancing its operational capabilities. Gold Star Foods specializes in providing a comprehensive range of food products and services aimed at supporting School Nutrition Programs across the United States. The company offers a variety of wholesome and nutritious food items designed to meet the dietary needs of millions of students daily, addressing the complexities associated with school nutrition operations. Key offerings include appetizers, bakery products, meats such as beef and pork, canned goods, beverages, desserts, frozen fruits, pasta, seafood, snacks, and vegetables.


Gold Star Foods' client base primarily consists of educational institutions, including K-12 schools and other entities involved in school meal programs, ensuring that they meet nutritional standards and provide healthy meal options. The company operates primarily within the U. S. market but engages with various regions to support local and federal nutrition initiatives.


While specific revenue figures for Gold Star Foods are not publicly disclosed, the company operates on a B2B model, primarily distributing food and foodservice products to institutional clients, including schools and nutritional programs. Transactions typically occur through structured supply agreements, where schools place bulk orders for a range of products tailored to their specific needs. Payment arrangements may involve direct purchase agreements or established contracts that outline the terms of service and delivery expectations. Gold Star Foods’ offerings, such as their FRESH BREAD program and USDA Foods, are essential components of the revenue model, catering to the demand for quality school meal provisions.


The company emphasizes partnerships with educational institutions, enhancing their market presence and stability in revenue generation through ongoing service contracts. Gold Star Foods' future growth strategy includes the design and launch of new products aimed at enhancing their offerings for school nutrition. The company is also targeting expansion into additional regional markets to better support local nutritional initiatives. Recent funding from the acquisition in October 2019 is expected to facilitate these growth initiatives, particularly in merging operations with Good Source Solutions, Inc.


Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution

Website

www.goldstarfoods.com/

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Gold Star Foods, 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)
BuyoutCompletedColyar Technology Solutions LLC-
Secondary BuyoutCompletedGold Star Foods, Inc.-
Add-onCompletedA&R Wholesale Distributors-
Add-on, Trade SaleCompletedColyar Technology Solutions LLC-
Secondary BuyoutCompletedGold Star Foods, Inc.-

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