MicroStar Logistics, LLC

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MicroStar Logistics, LLC - overview

Established

1996

Location

Denver, CO, US

Primary Industry

Logistics & Distribution

About

MicroStar Logistics, LLC is a U. S. -based company specializing in innovative keg management solutions that enhance the efficiency of the beverage supply chain through sustainable practices. Founded in 1996 in Denver, US, MicroStar Logistics, LLC provides a comprehensive keg management solution.


The company has undergone strategic developments but has remained focused on its core offering of shareable steel kegs, which optimize keg distribution for breweries. The current CEO leadership includes Johson Le and Michael Hranicka. To date, MicroStar has completed 4 deals, with the most recent deal occurring on January 5, 2022. MicroStar specializes in providing a comprehensive keg management solution that enhances the efficiency and sustainability of the beverage supply chain.


The core offering revolves around the innovative shareable steel keg model, which allows brewers to share high-quality kegs instead of owning or leasing them. This model facilitates a highly circular supply chain and reduces empty keg transportation, cutting down on greenhouse gas emissions. MicroStar serves a diverse clientele, including some of the world’s largest breweries, enabling them to optimize their operations through just-in-time (JIT) delivery and bespoke supply chain solutions, primarily in North America, with expansion into Europe and Asia. MicroStar's revenue model is primarily based on a pay-per-fill system, providing clients with a flexible and predictable pricing structure.


Breweries pay for the number of fills they utilize, allowing for greater cost transparency and efficiency in keg management. This arrangement fosters long-term partnerships with brewers, benefiting from reduced operational costs and enhanced sustainability efforts. Transactions typically occur on a business-to-business (B2B) basis, where breweries engage directly with MicroStar to streamline their logistics and supply chain needs. The flagship service, the shareable steel keg solution, stands at the center of its revenue generation, supporting both established brands and newer entrants in the craft brewing industry.


MicroStar Logistics plans to launch new products that further innovate keg management solutions, although specific details on release dates are not available. The company aims to expand its market presence in international regions, particularly targeting additional growth in Europe and Asia by leveraging recent funding secured on January 5, 2022. This funding will support their strategic initiatives to enhance product offerings and strengthen logistics capabilities across these new markets.


Current Investors

Freeman Spogli

Primary Industry

Logistics & Distribution

Sub Industries

Equipment Rental & Leasing, Logistics & Distribution

Website

www.microstarlogistics.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

MicroStar Logistics, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedMicroStar Logistics, LLC-
Add-on, Corporate Carve OutCompletedKegstar-
Add-onCompletedTosca Services LLC's keg repair and maintenance operations-
Secondary BuyoutCompletedMicroStar Logistics, LLC-
BuyoutCompletedMicroStar Logistics, LLC-

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