Mr Greens Produce

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.

Mr Greens Produce - overview

Established

2011

Location

Miami, FL, US

Primary Industry

Food

About

Mr Greens Produce, based in Miami, specializes in supplying a wide array of food products, including fresh produce and dairy, to commercial clients like restaurants and hotels across multiple states. Mr Greens Produce, based in Miami, US, focuses on providing high-quality food products to various businesses. Founded in 2011 by Nick Politis, the company has completed two deals, with the most recent occurring on May 2, 2023. The recent acquisition of Mr Greens by Sterling Investment Partners from Shoreline Equity Partners aimed to enhance the company’s operational footprint and capabilities.


Mr. Greens Produce specializes in the supply of a diverse range of food products, focusing primarily on fresh produce, imported goods, dairy, and charcuterie. Their core offerings address the needs of various businesses such as restaurants, hotels, country clubs, and retail stores across Florida, Texas, and Georgia. The company provides essential second-run deliveries, enabling clients to concentrate on service and product quality.


Collaboration with premier brands ensures high standards, while a new ordering app enhances convenience for clients. Mr. Greens Produce operates on a business-to-business (B2B) model, generating revenue primarily through direct sales to commercial clients. Transactions typically involve bulk orders of various product categories, including vegetables, fruit, specialty produce, and charcuterie.


Clients place orders via the newly launched Mr. Greens ordering app or through direct communication with sales representatives, fostering long-term partnerships and customized solutions to meet client needs. Following the acquisition on May 2, 2023, Mr Greens Produce plans to leverage the investment from Sterling Investment Partners to expand its geographic reach. They intend to introduce new product offerings and enhance their service platform to better serve their growing client base.


Current Investors

Nuveen, NXT Capital, Shoreline Equity Partners

Primary Industry

Food

Sub Industries

Other Food Products, Dairy Products, Canned/Frozen Fruit & Vegetables, Food & Beverage Distribution

Website

www.mrgreensproduce.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Mr Greens Produce - 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)
Add-onCompletedParishables Food Service-
Secondary BuyoutCompletedMr Greens Produce-
Add-onCompletedCawoods Produce Inc.-
RecapitalisationCompletedMr Greens Produce-

Displaying 1 - 4 of 4

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.