Oggi Foods, Inc.

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Oggi Foods, Inc. - overview

Established

2015

Location

Montreal, QC, Canada

Primary Industry

Food

About

Based in Canada, Oggi Foods, Inc. specializes in creating gluten-free, vegan, and non-GMO pizzas, offering a delicious alternative to traditional Neapolitan pizza for health-conscious consumers. Oggi Foods, Inc. is a Canadian company, headquartered in Montreal, that focuses on producing gluten-free and vegan pizzas.


Founded in 2015 by Joe Turturici, the firm has engaged in one deal as of September 21, 2021, when Bregal Partners acquired it, with financial terms undisclosed. Oggi Foods specializes in producing gluten-free, vegan, and non-GMO pizzas designed to replicate the authentic taste of traditional Neapolitan pizza. The company's core offerings include a range of frozen pizzas and gluten-free pasta made with high-quality ingredients and time-honored recipes. Their products are distributed primarily through retailers like Sprouts Farmers Market, targeting health-conscious consumers and those with dietary restrictions.


Oggi Foods operates a dedicated gluten-free facility to ensure safe enjoyment of their offerings by all consumers. Oggi Foods generates revenue through direct sales to retailers and consumers, emphasizing a B2B model with partnerships established with various grocery chains. Their transaction structure is predominantly retail-based, with products sold to grocery stores for consumer access. The pricing reflects the premium quality of their gluten-free offerings, especially highlighted in flagship products like their signature frozen pizzas.


Revenue is driven by sales volume in the grocery sector as demand for specialty dietary products increases. Following the acquisition by Bregal Partners in September 2021, Oggi Foods plans to utilize this investment for further growth. The company is expected to focus on designing and launching upcoming new products, although specific release dates are not detailed. Additionally, Oggi Foods may expand into new markets; however, targeted regions for this expansion have yet to be specified.


Current Investors

Bregal Investments

Primary Industry

Food

Sub Industries

Consumer Products, Bakery Products, Other Food Products, Snack Foods

Website

www.oggifoods.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Oggi Foods, Inc. - 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)
BuyoutCompletedOggi Foods, Inc.-

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