Heritage Bag Co.

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Heritage Bag Co. - overview

Location

Roanoke, TX, US

Primary Industry

Materials

About

Heritage Bag Company specializes in providing durable can liners for waste management and service industries, offering a variety of sizes, strengths, and colors tailored to customer needs. Heritage Bag Company manufactures high-quality can liners essential for waste management. The company is headquartered in Roanoke, US. In May 2016, Novolex, a portfolio company of Wind Point Partners, acquired Heritage Bag Co.


, although financial terms were not disclosed. The company had one recorded deal as of April 4, 2016. Heritage Bag Company specializes in the manufacturing of high-quality can liners, which are essential in various sectors such as waste management, janitorial services, and food service industries. Their core product offerings include a wide range of can liner sizes, strengths, and colors designed to meet diverse customer needs.


These products are engineered to provide durability and reliability, addressing challenges like punctures and leaks, which are common in waste containment solutions. Heritage Bag's extensive client base consists of distribution partners and end-users, including municipalities, commercial enterprises, and healthcare facilities across North America. The company’s products are primarily sold in the United States and Canada, leveraging a strategic national footprint to ensure consistent availability and prompt service to its customers. Heritage Bag Company generates revenue through a business-to-business (B2B) model, primarily engaging with distributors and retailers who offer can liners to end-users.


Transactions typically involve bulk orders, which are structured to meet the specific needs of clients, allowing for tailored solutions that enhance customer satisfaction. The firm’s flagship products, such as their proprietary can liners, are priced competitively to reflect their quality and reliability, although the exact pricing structure is undisclosed. Partnerships with key distributors further support the revenue stream, enabling access to various market segments that require reliable waste containment solutions. The company’s focus on delivering exceptional service and quality products contributes to repeat business and long-term relationships with clients.


Heritage Bag Company is focused on expanding its product line to include new can liner designs tailored for specific industry needs, with anticipated launches in the upcoming quarters. The company is also exploring expansion into additional markets within North America, aiming to establish a more robust presence by the end of 2024. The acquisition by Novolex is expected to facilitate these growth initiatives, enabling access to increased resources and distribution channels to enhance the company's market reach.


Current Investors

Novolex Holdings, LLC

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.heritage-bag.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Heritage Bag Co. - 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-onCompletedHeritage Bag Co.-

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Heritage Bag Co. - employee data

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