Mr Greens Produce
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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 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 | Completed | Parishables Food Service | - | ||||||||
| Secondary Buyout | Completed | Mr Greens Produce | - | ||||||||
| Add-on | Completed | Cawoods Produce Inc. | - | ||||||||
| Recapitalisation | Completed | Mr Greens Produce | - |
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