Hoffmaster Group, Inc.

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Hoffmaster Group, Inc. - overview

Established

1947

Location

Oshkosh, WI, US

Primary Industry

Consumer Products

About

Hoffmaster Group, Inc. is a US-based manufacturer specializing in disposable tabletop products, including napkins, table covers, and bakeware, catering to various dining environments with a focus on convenience and quality. Hoffmaster Group, Inc. was founded in 1947 in Oshkosh, US, and operates as a manufacturer of disposable tabletop products.


The company has completed 6 deals, with the most recent deal dated February 27, 2023. It underwent a RECAPPITALISATION round, raising USD 65. 00 mn, which constitutes its total amount raised. The current CEOs are Craig Cappel and Rory Leyden.


Hoffmaster is a leading manufacturer specializing in disposable tabletop products, offering a comprehensive range that includes napkins, placemats, table covers, bakeware, and tableware accessories. Their core product line is designed to enhance the dining experience in various settings, including restaurants, catering services, and special events. The company's products are tailored to meet the needs of its diverse customer base, which includes foodservice operators, event planners, and retailers across North America and parts of Europe. Hoffmaster's innovative solutions focus on convenience and aesthetics, providing high-quality disposable options that allow end users to quickly set up and manage dining environments without the hassle of traditional tableware.


The company’s offerings are widely utilized in both casual and formal dining experiences, addressing the demand for practicality combined with style. Hoffmaster generates revenue primarily through business-to-business transactions, supplying its products directly to foodservice establishments, retailers, and distributors. The company typically engages in wholesale arrangements, where clients purchase products in bulk, facilitating cost-effective purchasing for high-demand environments. Revenue streams may also include partnerships with event planners who utilize Hoffmaster’s products for large gatherings and celebrations.


While specific pricing structures for individual products are not publicly detailed, the company’s flagship items, such as its branded napkins and table covers, are expected to align with standard market pricing for premium disposable goods in the industry. These structured transactions enable Hoffmaster to maintain a stable revenue flow while serving a varied clientele across multiple geographical markets. In February 2023, Gamut Capital Management invested in Hoffmaster Group, Inc. The investment will support the company's acquisition of Paterson Pacific Parchment Company and drive further value creation for its stakeholders.


Hoffmaster plans to leverage this funding to enhance its product offerings and expand its market presence.


Current Investors

Gamut Capital Management, Revelar Capital

Primary Industry

Consumer Products

Sub Industries

Accessories, Household Appliances, Search Engines

Website

www.hoffmaster.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Hoffmaster Group, 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-onCompletedPaterson Pacific Parchment Company-
GrowthCompletedHoffmaster Group, Inc.-
Add-on, Trade SaleCompletedAardvark Straws-
Secondary BuyoutCompletedHoffmaster Group, Inc.-
Add-onCompletedGraphic Management Specialty Products Inc.-

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