FreshEdge, LLC
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FreshEdge, LLC - overview
Established
1997
Location
Indianapolis, IN, US
Primary Industry
Logistics & Distribution
About
FreshEdge, LLC is a US-based company specializing in the distribution of fresh food products, utilizing advanced data analytics to optimize supply chain operations and address the unique needs of a diverse client base. Founded in 1997 and headquartered in Indianapolis, US, FreshEdge, LLC focuses on the distribution of fresh food products. The company underwent a strategic acquisition by Wind Point Partners in October 2022, which involves expanding its service offerings and market presence. The company has completed 2 notable deals, with the most recent transaction occurring in October 2022.
FreshEdge specializes in the distribution of a wide range of fresh food products, leveraging data and analytics to optimize operations and meet the specific needs of its diverse customer base. Their core offerings encompass proteins, seafood, fresh produce, value-added dairy, floral products, local specialty foods, supplies, and cold storage logistics. FreshEdge operates through a collective infrastructure of regional distributors, allowing them to provide an extensive assortment and high service levels across geographies, including urban and suburban markets throughout the United States. The company's solutions are designed to cater to various end users, including foodservice operators, grocery and retail operators, independent food operators, schools, healthcare systems, and wholesalers, ensuring that customers have consistent access to high-quality, locally relevant products.
FreshEdge generates revenue primarily through B2B transactions with its clients, which include foodservice operators, grocery retailers, and independent food businesses. The company employs a transactional structure that typically involves direct sales agreements, enabling partners to order customized food solutions tailored to their specific operational needs. Clients benefit from a robust e-commerce platform, which facilitates mobile ordering and efficient inventory management, enhancing the overall purchasing experience. Additionally, FreshEdge’s logistics capabilities ensure timely delivery, supporting their partners with a reliable supply of specialty items.
The revenue streams are bolstered by their state-of-the-art ERP and WMS systems that streamline order processing and communication, thus fostering strong relationships with their customer base. In October 2022, Wind Point Partners acquired FreshEdge, LLC to enhance its service offerings and geographic market presence through organic growth initiatives and acquisitions. The company plans to expand its operations into new markets, although specific geographic regions have yet to be disclosed. Proceeds from the recent acquisition will support these growth initiatives.
Current Investors
Patriot Capital, Rotunda Capital Partners, Kayne Anderson Capital Advisors
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.freshedgefoods.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
FreshEdge, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Frontier Produce | - | ||||||||
| Add-on | Completed | Western Sky Produce, LLC | - | ||||||||
| Add-on | Completed | Kimball & Thompson Produce Company | - | ||||||||
| Add-on | Completed | Greenberg Fruit Company | - | ||||||||
| Add-on | Completed | Sirna & Sons, Inc. | - |
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