IB group Ltd
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IB group Ltd - overview
Location
-, -, UK
Primary Industry
Food
About
Based in the UK, IB group provides technology-based distribution of baked goods, savory snacks, and many more. World of Sweets and Bobby’s Foods Ltd are together known as the IB group. As of 2023, the company is headed by its CEO Wayne Beedle. Sculptor Capital Management acquired IB group.
The company offers tech-enabled distributors of confectionery, baked goods, and savory snacks across convenience retail, specialty, wholesale and grocery channels. The firm owns various brands that include Bobby’s, Bonds of London, Kingsway, Crazy Candy Factory, and Candy Realms whilst partnering with major international brands, including Pez, Nerds, and Tootsie. The Group serves a diverse base of 60,000-plus customers.
Current Investors
Sculptor
Primary Industry
Food
Sub Industries
Food, Food & Beverage Distribution
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
IB group Ltd - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 43,590,333 | 149,093,000 | 172,878,000 | 167,210,000 | 152,366,000 | 186,176,000 | - | - | - |
| % Revenue Growth (YoY) | - | 242.0% | 16.0% | (3.3%) | (8.9%) | 22.2% | - | - | - |
| EBITDA (USD) | 6,770,957 | 7,643,000 | 9,097,000 | 6,281,000 | 5,166,000 | 10,003,000 | - | - | - |
| Operating Income (USD) | 5,962,131 | 1,217,000 | 558,000 | (2,109,000) | (3,177,000) | 1,587,000 | - | - | - |
| Operating Margin | 13.7% | 0.8% | 0.3% | (1.3%) | (2.1%) | 0.9% | - | - | - |
| % EBITDA Margin | 15.5% | 5.1% | 5.3% | 3.8% | 3.4% | 5.4% | - | - | - |
| NET Income (USD) | 4,602,664 | (6,662,000) | (11,705,000) | (15,224,000) | (9,216,000) | (5,107,000) | - | - | - |
| % Net Margin | 10.6% | (4.5%) | (6.8%) | (9.1%) | (6.0%) | (2.7%) | - | - | - |
IB group Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | IB group Ltd | - | ||||||||
| Buyout | Completed | IB group Ltd | - |
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