Kettle Cuisine, LLC
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Kettle Cuisine, LLC - overview
Established
1986
Location
Lynn, MA, US
Primary Industry
Food
About
Kettle Cuisine, LLC is a food production company that specializes in high-quality frozen and refrigerated meal solutions, focusing particularly on soups, broths, and sauces for foodservice operators and retailers. Founded in 1986 and headquartered in Lynn, US, Kettle Cuisine produces ready-to-eat meals and has undergone strategic growth to enhance its offerings. In 2022, the company was acquired by L Catterton from Kainos Capital, further solidifying its market position. The CEO is Liam Mcclennon, who leads the firm in its operations and future direction.
Kettle Cuisine has been involved in three investment transactions, with the most recent deal occurring on June 1, 2022. Kettle Cuisine specializes in the production of high-quality frozen and refrigerated food products, primarily focusing on soups, broths, sauces, meats, and sides. Their offerings are designed to meet the needs of restaurants and foodservice operators who require convenient, ready-to-use solutions without compromising on quality. The company emphasizes artisan cooking techniques, utilizing scratch-made stocks and hand-chopped herbs to create flavorful products that appeal to discerning palates.
Kettle Cuisine serves a diverse clientele, including retailers and foodservice operators across the United States, with a commitment to delivering consistent, safe, and health-conscious food options. Their innovative approach to culinary trends ensures that they remain responsive to the evolving tastes of end-users in the market. Kettle Cuisine generates revenue through direct sales to foodservice operators and retailers across various channels. Transactions typically involve B2B partnerships, where clients place bulk orders for ready-to-use food products, ensuring they can offer their customers a range of high-quality meal options.
The company’s pricing structure is based on the specific products ordered, such as their flagship soups and broths, which are marketed for their artisan quality and consistency. Revenue streams are supported by long-term contracts with clients, fostering reliability and ongoing business relationships. Kettle Cuisine's focus on innovative food solutions contributes to its position in the market, appealing to a wide array of commercial kitchens and retail establishments looking to enhance their menus.
Current Investors
Kainos Capital
Primary Industry
Food
Sub Industries
Canned/Frozen Fruit & Vegetables, Restaurants & Nightlife, Food & Beverage Distribution
Website
www.kettlecuisine.com
Verticals
AdTech
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Kettle Cuisine, 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, Spin-Off | Completed | Freshly Inc. | - | ||||||||
| Secondary Buyout | Completed | Kettle Cuisine, LLC | - | ||||||||
| Add-on | Completed | Harry's Fresh Foods | - | ||||||||
| Add-on | Completed | Soup Business of NORPAC Foods, Inc. | - | ||||||||
| Add-on | Completed | Del Monaco Foods, Inc. | - |
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