New Horizon Foods
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New Horizon Foods - overview
Established
1987
Location
Des Moines, IA, US
Primary Industry
Logistics & Distribution
About
Founded in 1987 by founder George Naugt and based in Iowa, US, New Horizon Foods provides dining solutions for various sectors, including senior living, behavioural health, and K-12 school nutrition programs. The company operates across multiple states in the U. S. , including Colorado, Connecticut, Illinois, Iowa, Kansas, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, North Dakota, and Wisconsin.
In October 2021, Woodlawn Partners acquired New Horizon Foods. New Horizon Foods offers customized dining programs for senior living facilities to meet nutritional and dietary needs. The company also offers specialized food service management for behavioural health programs, focusing on nutritional needs that support mental and emotional well-being. Additionally, the firm offers meal programs for K–12 schools aimed at providing healthy and balanced nutrition for students.
The business operates under different brands to cater to various market segments, including Consolidated Management Co. , which focuses on college, corporate, and correctional food services.
Current Investors
Woodlawn Partners, Whitson’s Food Service Corp.
Primary Industry
Logistics & Distribution
Sub Industries
Health Foods & Nutritional Supplements, Food & Beverage Distribution
Website
www.newhorizonfoods.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
New Horizon Foods - 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 | New Horizon Foods | - | ||||||||
| Buyout | Completed | New Horizon Foods | - |
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