Juice Tyme
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Juice Tyme - overview
Established
1980
Location
Chicago, IL, US
Primary Industry
Consumer Products
About
Juice Tyme is a beverage solutions company specializing in the development and manufacturing of various drink products tailored for foodservice and retail clients, enhancing beverage experiences across multiple channels. Founded in 1980 and headquartered in Chicago, US, Juice Tyme operates within the beverage industry, focusing on creating tailored drink solutions for clients. In March 2015, the company merged with Lemon-X, a portfolio company of Highlander Partners, to form Bevolution Group. This strategic move aimed to enhance organic growth through acquisitions and broaden market reach.
The company's CEO is Michael Sherman, who has a history of leading ventures in the beverage sector. Juice Tyme offers a diverse range of beverage solutions, including powdered mixes, functional supplement add-ins, shelf-stable smoothie bases, frozen juices, purees, and mixers such as margaritas and lemonades. These products cater to various markets, including hospitals, healthcare, and restaurants, enhancing customer satisfaction and boosting sales. Innovations include shelf-stable juices with nutritional benefits and ready-to-serve beverage systems, serving clients across the United States and Caribbean regions.
Juice Tyme's revenue structure is primarily focused on B2B transactions, serving foodservice providers, retailers, and healthcare institutions. Clients engage in direct sales partnerships with bulk orders for flagship products, often structured around volume-based pricing agreements, allowing for favorable pricing terms on larger orders. This model supports consistent revenue through repeat orders and long-term partnerships, driven by the company's commitment to reliability and customization. Following the merger in March 2015, Juice Tyme's future growth strategy includes enhancing its product range and expanding its geographic reach.
The company aims to explore new markets and potential strategic acquisitions to strengthen its market position. The merger is anticipated to facilitate ongoing growth through further Mergers and Acquisitions opportunities, ultimately broadening its product offerings and market presence.
Current Investors
Bevolution Group, Insignia Capital Group
Primary Industry
Consumer Products
Sub Industries
Non-Alcoholic Beverages
Website
www.juicetyme.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Juice Tyme - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Juice Tyme, Lemon-X, Corp. | - | ||||||||
| Secondary Buyout | Completed | Juice Tyme | - | ||||||||
| Secondary Buyout | Completed | Juice Tyme | - | ||||||||
| Buyout | Completed | Juice Tyme | - |
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Juice Tyme - employee data


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