Klosterman Baking Company
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Klosterman Baking Company - overview
Established
1892
Location
Cincinnati, OH, US
Primary Industry
Food
About
Founded in 1892 and based in Ohio, US, Klosterman Baking Company, LLC operates as an independent wholesale bakery that offers hearth bread, sandwich buns, rolls, flatbread, and organic bread. The company operates 17 bakeries and distribution facilities across the eight Midwest states and employs over 800 associates. In July 2022, New Water Capital acquired Klosterman Baking Company, LLC. As of 2022, Kim Klosterman is the CEO of the company.
The company provides products including organic bread, artisan bread, bread, buns, dinner bread, rolls, flatbread, retail products, hoagies and subs, whole grain-rich, and more. The firm offers services such as fresh bread delivery, frozen bread delivery, and product development. Klosterman serves a variety of industries, including grocery stores, hotels, hospitals, restaurants, and schools. The July 2022 acquisition helps the organization's product portfolio and geographic distribution footprint better serve its growing customer base through a combination of organic and inorganic growth levers.
Current Investors
New Water Capital
Primary Industry
Food
Sub Industries
Bakery Products, Food & Beverage Distribution
Website
www.klostermanbakery.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Klosterman Baking Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Klosterman Baking Company | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.